TCU Place 35 -22nd St. East, Saskatoon, SK    

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Stephen H. Lucas
Senior Vice President and Chief Technology Officer, Falcrum BioEnergy, Inc.
Pleasanton, CA, USA
Bringing Depth and Breadth in Biotechnology, Agriculture and Business
Wednesday, September 15, 2010
10:30 - 11:00 am

Abstract:  What makes a business or industry sustainable?  Fundamental business decisions that economically manage the relationship among feedstock, product offtake and technology are the primary drivers that determine sustainability.  Fulcrum BioEnergy has developed a sustainable strategy for the production of renewable transportation fuel that includes secured long-term, fixed price contracts for low-cost waste biomass feedstock.  Combined with the appropriate hedging of the fuel grade ethanol product, Fulcrum has the ability to lock-in attractive margins for its product.  Under a joint development agreement between Fulcrum, Nipawin Biomass Ethanol New generation Co-operative Ltd. and Saskatchewan Research Council, an industry first syngas to ethanol technology has been developed and is ready for commercial deployment at Fulcrum’s Sierra BioFuels Plant located outside of Reno, Nevada.  With the key drivers in place for sustainability, Fulcrum is proceeding with a pipeline of projects that will have the capacity to produce one billion gallons of clean, reliable, low-cost ethanol by 2019.

Biography
Mr. Lucas’ career spans nearly four decades; he has been involved in some of the world’s most prestigious and technically challenging engineering and construction projects. He has worked in 33 countries for clients ranging from large international oil companies to global engineering and construction companies, the U.S. Trade & Development Agency, and governments around the world. He is considered an expert in all aspects of project development and management including estimating, cost analysis, engineering, contracting, executive management, economic analyses, licensing and licensing sales, and financing. He has also consulted on the big-picture technical and economic issues associated with project development, strategic planning and project management.  In his role as Chief Technology Officer for Fulcrum BioEnergy, Mr. Lucas is responsible for all technology selection, development and deployment.
 

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