Energy BioSystems deal

ENBC expanded its agreement with Petrolite Corp. granting Petrolite worldwide rights for the commercialization of ENBC's biocatalytic desulfurization (BDS) technology. Under the prior agreement, Petrolite had U.S. marketing rights. Under the amended agreement, Petrolite will provide development resources, unit engineering and ongoing customer service for BDS units worldwide in return for participation in the gross profits of BDS unit sales. ...