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Knickerbocker in Joint Venture

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Dow Jones

L.L. Knickerbocker Co. said it has formed a 50-50 joint venture with Arkenol Holdings L.L.C. to use Arkenol’s technology to make chemicals, biomass solids and liquid fuels to sell in some Asian markets.

L.L. Knickerbocker said the joint venture will acquire licenses for Arkenol’s technology to convert plant materials into ethanol and other chemicals.

The joint venture, which is called Arkenol Asia, will sell the chemicals in Thailand, Cambodia, Burma, Vietnam, Laos and India. The venture also will acquire a nonexclusive license to the technology for China and Japan.

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Arkenol Holdings, based in Mission Viejo, is a bio-refining company. L.L. Knickerbocker markets branded collectibles, jewelry and accessories and consumer products.

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