Cobalt Technologies Adds Andrew Meyer to Its Executive Team

MOUNTAIN VIEW, Calif., Jan. 13, 2011 /PRNewswire/ -- Today, Cobalt Technologies, the leader in commercializing biobutanol as a renewable chemical and fuel, hired Andrew Meyer for the position of Senior Vice President of Business Development.  Meyer will be responsible for leading Cobalt's effort to commercialize biobutanol, while driving partnership development.

"Our current focus is on forming the partnerships to execute our first commercial facilities globally," said Rick Wilson, CEO of Cobalt Technologies.  "Andy is a fantastic choice for leading our commercialization efforts, given his experience building value for shareholders in a startup environment at Amyris, and for his deep understanding of both the fuels and chemicals markets."

Meyer comes to Cobalt from Amyris where he was director of Supply and Distribution, having built the company's fuels marketing efforts from inception.  Prior to Amyris, Meyer held senior commercial roles at both Chevron and BP, where he was responsible for chemicals and fuels marketing and procurement, in addition to having significant engineering and plant startup roles.

"Cobalt has had a momentous year – opening a pilot plant, announcing scientific breakthroughs with beetle-kill wood, partnering with the Navy to make jet fuel – and I'm excited to be part of its executive team," said Meyer. "My goal is to put in place the value chain to drive our top line growth, enabling the company to realize the tremendous bottom line opportunity created by the technology."

Meyer will be the seventh addition to the executive team joining Rick Wilson, CEO; Steven Shevick, CFO; Mark Dinello, SVP, Engineering; Gregory W. Luli, Ph.D, SVP of Research and Development; David Walther, Ph.D., Director of Engineering; and Stacy Burns-Guydish, Ph.D., Director, Microbiology.

About Cobalt Technologies

Cobalt Technologies replaces petrochemicals and petroleum with a highly profitable and renewable alternative – biobutanol. The company's technology and engineering platform offers a continuous process to efficiently convert diverse non-food feedstocks – beginning with waste wood – into biobutanol. Cobalt biobutanol is versatile and can be sold as is for use in paints, coatings and other chemical products; blended with gasoline, diesel and ethanol; or converted into bio-based plastics or full performance jet fuel and diesel. Engineered to achieve low costs through high productivity, energy efficiency and the use of low-cost feedstock, Cobalt is making biobutanol and its derivatives a cost effective substitute to petroleum-based materials.  Cobalt is based in Mountain View, CA.

For further information, please visit www.cobalttech.com.  

SOURCE Cobalt Technologies