Tiger Group and Federal Equipment Co. will conduct an online auction of the complete assets formerly owned by biofuel technology company Inaeris Technologies on May 9. The professionally maintained assets include main, demonstration and pilot plants, along with intellectual property, research and development lab assets and more. Offers for a turnkey acquisition of the shuttered company’s Pasadena facility will also be considered.“Inaeris created a proprietary technology platform that transforms non-food, cellulosic biomass into drop-in transportation fuel blendstocks,” noted John Coelho, Senior Director of Tiger’s Commercial & Industrial division “The company’s flexible technology can be commercialized either as a stand-alone facility or as an addition to an existing plant that already processes biomass, such as a pulp/papermill, or one that produces fuels, such as a petroleum refinery.”“This offering provides a unique opportunity to acquire a functional research technology operation at hard asset value,” added Ted Davis, Vice President of Federal Equipment Co., a major supplier of surplus manufacturing equipment to pharmaceutical, chemical, plastics and other companies. “Th...