Houston American Energy and BTG Bioliquids Partner on Biomass-to-Liquid Fuels Projects

Houston American Energy Corp. and its subsidiary Abundia Global Impact Group announced a binding term sheet with BTG Bioliquids to develop biomass-to-liquid fuels and Sustainable Aviation Fuel projects using BTG Bioliquids' fast pyrolysis technology. The projects will integrate woody biomass waste streams and upgrade the output into high-value biofuels and SAF. The next phase of development will be optimized at HUSA's Cedar Port site in Texas.

Houston American Energy Corp. (NYSE American: HUSA) and its subsidiary Abundia Global Impact Group (AGIG) have executed a binding term sheet with BTG Bioliquids to develop biomass-to-liquid fuels and Sustainable Aviation Fuel (SAF) projects. The collaboration leverages BTG Bioliquids' fast pyrolysis technology to produce Fast Pyrolysis Bio-Oil (FPBO) from woody biomass waste streams. The project aims to upgrade FPBO into high-value biofuels and SAF, with the next phase of development set to be optimized at HUSA's Cedar Port site in Baytown, Texas.

The agreement follows extensive due diligence by HUSA, including techno-economic assessments, to identify best-in-class partners for converting waste biomass into liquid fuels. BTG Bioliquids' proven technology readiness level, commercial viability, and track record make it an ideal collaborator. The project aligns with HUSA's strategy to develop a diversified renewable-fuels platform, complementing its ongoing work in plastics-to-fuels and other circular-economy initiatives.

Gerhard Muggen, Managing Director of BTG Bioliquids, expressed excitement about the collaboration, stating, "We are excited to move forward and support HUSA in their plans to develop an upgrading demonstration plant at their Cedar Port Industrial Park site using BTG Bioliquids technology."

The fast pyrolysis technology converts up to 70% of dry basis biomass feedstock into bio-oil, with the remaining parts into char and gas. This technology enables the valorization of biomass residues into renewable fuels and chemicals, including SAF.

HUSA's CEO, Ed Gillespie, commented, "This marks an important step in advancing HUSA and AGIG’s biofuels division. We have undertaken extensive due diligence, including detailed techno-economic assessments, to identify best-in-class partners for converting waste biomass into liquid fuels. BTG Bioliquids’ proven technology readiness level, commercial viability, and track record with multiple operational plants make them an ideal collaborator. We now look forward to optimizing the upgrading process and finalizing our development consortium for technical feasibility, feedstock, and offtake."

The collaboration positions HUSA to capitalize on the accelerating global market for SAF and next-generation biofuels. The company's strategic acquisition of AGIG reflects its broader commitment to meeting global energy demands through a balanced mix of traditional and alternative energy solutions.