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Stock impact report

DevvStream, Southern, and Frontline BioEnergy to Advance Biomass-to-Jet Development and Environmental-Asset Monetization

DevvStream Corp. (DEVS) 
Company Research Source: Business Wire
SACRAMENTO, Calif.--(BUSINESS WIRE)--DevvStream Corp. (Nasdaq: DEVS) (“DevvStream” or the “Company”), a leading carbon management and environmental-asset monetization firm, today announced that it has signed a term sheet (the “Term Sheet”) with Southern Energy Renewables, Inc. (“Southern” or “SER”) and Frontline BioEnergy, a trade name of Frontline Group LLC (“Frontline”), that outlines an expanded collaboration to support the development and de-risking of Southern’s planned biomass-to-fuels and chemicals platform in Louisiana.The collaboration is designed to accelerate technical validation and commercialization by expanding Frontline’s existing clean-syngas process demonstration unit at its Nevada, Iowa headquarters with two additional pilot-scale capabilities: a syngas-to-methanol process demonstration unit (“MeOH PDU”) and a methanol-to-hydrocarbons process demonstration unit (“MTH PDU”). These units are intended to support the production of bio-methanol and the conversion of m Show less Read more
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