Comstock Inc. on Dec. 30 announced the execution of a binding agreement between Comstock Fuels Corp. and Gresham’s Eastern (Pvt) Ltd a leading sustainable energy engineering, equipment and construction company based in Pakistan, under which Comstock Fuels agreed to grant Gresham’s exclusive project and site development rights in Pakistan to enable Gresham’s to deploy Comstock Fuels’ proprietary and patented lignocellulosic biomass refining technologies to produce sustainable aviation fuel (SAF) and other renewable fuels in Pakistan.Global Market ImpactGresham’s will develop an initial demonstration facility in Lahore, Pakistan, capable of processing 75,000 metric tons of biomass annually. This facility is designed to generate the prerequisite operational and economic data for scaling up to a 1,000,000 metric tons per year commercial facility, aligning with rapid global market demand for increased SAF production, thereby positioning Pakistan as an emerging leader in the renewable fuels sector. Gresham’s plans on utilizing abundant, locally available agricultural and forestry residuals, as well as sustainably grown energy crops, unlocking billions of dollars in export potential, becoming a leading contributor of Pakistan’s commitment to producing 60% renewable energy by 2030.Mian Suhall Husain, CEO of Gresham’s, commented, “This partnership exemplifies Gresham’s commitment to deploying both quality systems and cutting-edge technologies for truly sustainable energy solutions in Pakistan. We are on the doorstep of a globally significant opportunity where our combined competencies can create wealth for nations and communities alike.”Under the agreement, Gresham’s will lead the development, financing, construction, and management of renewable fuel production facilities based on Comstock Fuels’ proprietary Bioleum refining technologies. Each Bioleum Refinery will operate under a site-specific license agreement to ensure compliance with Comstock Fuels’ performance and quality standards. Comstock Fuels will contribute site specific technology rights in exchange for a 20% equity stake in each Bioleum Refinery, plus a royalty fee equal to 6% of each refinery’s sales of licensed products, and engineering fees equal to 6% of total capital and construction costs.The inclusion of cellulosic ethanol production using Comstock Fuels’ advanced lignocellulosic refining process adds significant value to Pakistan's existing renewable energy sector, where most of the domestically produced ethanol is exported. This process positions the partnership to capitalize on the country’s widely available agricultural residue biomass, currently representing over 100 million metric tons annually, enabling a sustainable, societal and economically impactful use for these resources. That amount of feedstock has the potential to yield upwards of 14 billion gallons of renewable fuels per year at Comstock Fuels’ proven yields exceeding about 140 gallons per dry metric ton of biomass (on a gasoline gallon equivalent basis, or “GGE”).Wide Open Market Hidden in Plain SightPakistan’s abundance of renewable biomass resources provides an ideal foundation for developing a robust renewable fuel production ecosystem. The Gresham’s projects will prioritize fulfilling regional demand while targeting export markets across the Middle East and North Africa (MENA). The combination of Gresham’s engineering, equipment fabrication, construction and extensive quality-systems operating and supply chain network, positions for strong market leadership.“Mian’s extraordinary track record and commitment to both quality systems and societal impact align perfectly with Comstock’s mission and approach,” stated David Winsness, President of Comstock Fuels. “Gresham has positioned itself as a leading integrator in Pakistan’s economic development and sustainable energy goals. We believe this partnership will be transformative to Pakistan’s leadership in SAF and renewable fuel production and showcases the quality and speed of the global adoption of our industry-leading solution. We are excited to get started in Lahore and well beyond.”&nbsp;

2023/01/ComstockLogo_16734850510443_largethumb.jpg

2023/01/ComstockLogo_16734850510443_thumb.jpg

2023/01/ComstockLogo_16734850510443.jpg

Comstock Inc. on Dec. 30 announced the execution of a binding agreement between Comstock Fuels Corp. and Gresham’s Eastern (Pvt) related to the deployment of biomass refining technologies produce SAF and other renewable fuels in Pakistan.

Comstock Fuels executes license agreement with Gresham’s Eastern

Related Stories

Liquid Sun launches eSAF production pilot with ABB, Finnair, Fortum, and Finavia

Airbus and Air France complete inaugural SAF A220 ferry flight

EPA seeks comments on nominees to fill Science Advisory Board

TOYO selected for NEDO project, advancing SAF with Velocys’ FT technology and TOYO’s methanol process

SEKISUI CHEMICAL, Velocys partner to advance CO2-derived e-SAF production technology

Upcoming Events

North American SAF Conference & Expo

2026 International Biomass Conference & Expo

Comstock Fuels executes license agreement with Gresham’s Eastern .css-7jxktu{position:absolute;bottom:0px;left:0px;right:0px;height:3px;border-radius:3px;background-color:var(--chakra-colors-brandBlack);}