Aurora Renewable Carbon secures private financing round led by Triodos Bank, Oost NL for Empyro restart

PUBT · 2d ago
Aurora Renewable Carbon secures private financing round led by Triodos Bank, Oost NL for Empyro restart
- Aurora Renewable Carbon closed a private financing to restart the Empyro biorefinery in Hengelo, resuming pyrolysis-oil output this summer.
- Ontwikkelingsmaatschappij Oost-Nederland NV backed the round alongside Triodos Bank, Aurora management, and angel investors.
- Empyro has produced pyrolysis oil from wood residues since 2015; operations halted in early 2023.
- Aurora plans an expansion to upgrade pyrolysis oil into biobased chemical feedstocks for industrial customers.
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