Meridian Waste Solutions Inc., through its wholly-owned subsidiary Meridian Innovations LLC, announced exclusive licensing of the AST-Organosolv Process Technology from American Science and Technology Corp.
Under the terms of its agreement, Meridian Innovations will have an exclusive commercial license to the AST patents and a lease for the AST biomass processing facility in Wausau, Wisc.
Meridian Innovations says it is confident that, using the AST technology alongside Meridian Innovations’ process engineering and biomaterial development resources, a sustainable commercial bio-refining industry can be immediately launched.
