Friday, July 1st, 2011 - UniQuest Pty Limited
Leading university research commercialisation company UniQuest Pty Limited has brokered a Memorandum of Understanding (MOU) between The University of Queensland (UQ) and South Carolina’s Clemson University to collaborate on biofuel research and commercial development.

The agreement was signed on 27 June in Washington DC at the BIO Convention, the largest annual biotechnology industry meeting in the world. Queensland Premier Anna Bligh witnessed and endorsed the official MOU signing.

UniQuest Managing Director, David Henderson, said the combined research capabilities of both institutions had the potential to accelerate the discovery and development of alternative power sources, which would be attractive to companies working in the renewable energies sector as well as other industries seeking to operate with greater environmental sustainability.

“We wanted to bring Clemson’s intellectual property in cellulosic conversion technologies to Australia because there’s a clear alignment with UQ’s research excellence in biomass crop selection, breeding, genomic analysis and yield improvement. Under this agreement we can offer industry partners unique benefits of scale,” Mr Henderson said.

“The supply of energy and fuel to the global industrial, retail and consumer markets currently depends on coal and natural gas, with demand out-stripping supply.

“The International Energy Agency estimates that biofuels could meet more than a quarter of world demand for transportation fuels by 2050, with aviation emerging as a key market segment. Several US experts have proposed a target of one percent or 60 million gallons of biofuel for commercial airlines by 2015.

“With investment in biofuel production exceeding $4 billion worldwide and continuing to grow, this collaboration will position UQ and Clemson to play a significant role in serving global needs for energy in the future.”

Director of commercialisation and technology incubation at Clemson University, Karl Kelly, said the collaboration will foster the evolution of invaluable new energy strategies.

“Joint research will focus on how to provide new fuels that will enable energy independence, development of novel technologies for biofuel production, and how best to produce ‘green' and readily available fuels to secure economic development in South Carolina and Queensland,” Mr Kelly said.

”Along with a substantial investment in research and development, Clemson and UQ will ensure technology transfer, training and commercialisation projects are given a high priority.”

UniQuest has established a presence in the biofuels sector with ventures such as the start-up company BioEnergy Solutions Pty Ltd, which is commercialising Pongamia oil, and several algae bioreaction-based technologies.

UniQuest is also responsible for managing the intellectual property originating from the Queensland Alliance for Agriculture and Food Innovation (QAAFI), where various biofuel research projects are investigating tropical and subtropical biofuel feedstocks and related processing technologies.

The UQ-Clemson collaboration will focus on sugarcane conversion to ethanol; cellulosic conversion to biodiesel technologies; biodiesel applications such as military, mining, industrial and personal transportation; and tapping into the energy stores of the non-edible parts of sugarcane and sorghum.

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UniQuest Pty Limited


Established by The University of Queensland in 1984, UniQuest is widely recognised as one of Australia’s largest and most successful university commercialisation groups, benchmarking in the top tier of technology transfer worldwide. From an intellectual property portfolio of 1,500+ patents it has created over 60 companies, and since 2000 UniQuest and its start-ups have raised more than $400 million to take university technologies to market. Annual sales of products using UQ technology and licensed by UniQuest are running at $3 billion. UniQuest now commercialises innovations developed at The University of Queensland and its commercialisation partner institutions: the University of Wollongong, University of Technology Sydney, James Cook University, University of Tasmania, Mater Medical Research Institute, and Queensland Health. UniQuest also provides access to an expansive and exclusive network of independent academics to tailor a consulting or project R&D solution to meet the diverse needs of industry and government, facilitating some 500 consulting, expert opinion, testing, and contract research services each year.

UniQuest is also a leading Australasian provider of international development assistance recognised for excellence in technical leadership, management and research. Working with agencies such as AusAID, NZAID, the Asian Development Bank and the World Bank, UniQuest has developed and implemented more than 400 projects in 46 countries throughout the Pacific, South-East Asia, the Indian sub-continent and Africa.


Leanne Wyvill
P: +61 7 3365 4037
M: +61 0 409767199
W: www.uniquest.com.au

Keywords

UniQuest, Clemson, University of Queensland, biofuel, biodiesel, greentech, cleanteach, fuel, environmental sustainability, renewable energy

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