California-based Byogy Renewables will seek as much as $30 million in funding from private equity and strategic investors by mid-2012, Bloomberg reported. The funds will be used to commercialize its alcohol-based fuel, and for testing by ASTM International. “The main goal at the moment is certification of the alcohol to jet fuel process,” CEO Kevin Weiss told Bloomberg. “There are several steps through the ASTM process and at each point you generate more data and are ...

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