FRANÇOIS-HENRI SAHAKIAN APPOINTED CHIEF FINANCIAL OFFICER

Evry, September 9th, 2014 – : Global Bioenergies announces the appointment of François-Henri Sahakian as Chief Financial Officer.

François-Henri Sahakian started his career as a business analyst at Oseo (now Bpifrance, the French Public Investment Bank), where he contributed to the financing of many research and development projects. He then became Chief Financial Officer for several innovative SMEs. François-Henri Sahakian declares: “joining Global Bioenergies when the company is about to industrialize its processes is a unique opportunity”. François-Henri Sahakian replaces Liliane Bronstein who leaves the company. Marc Delcourt, Chief Executive Officer of the company, concludes: “I wish to thank Liliane Bronstein for her commitment and her professionalism. In particular, Liliane brilliantly led the company’s IPO in 2011 and the 23 million euros fund raising in 2013, which now allow Global Bioenergies to progress swiftly towards the industrial exploitation of its processes”.

 

About GLOBAL BIOENERGIES

Global Bioenergies is one of the few companies worldwide, and the only one in Europe, that is developing a process to convert renewable resources into hydrocarbons through fermentation. The Company initially focused its efforts on the production of isobutene, one of the most important petrochemical building blocks that can be converted into fuels, plastics, organic glass and elastomers. Global Bioenergies continues to improve the yield of its process and is actively entering the industrial pilot testing phase. The company recently replicated this success to propylene and butadiene and is also looking to continue with other members of the gaseous olefins family, key molecules at the heart of petrochemical industry. Global Bioenergies is listed on Alternext, Euronext Paris (FR0011052257 – ALGBE)

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Contacts

GLOBAL BIOENERGIES
François-Henri Sahakian
Chief Financial Officer
Tel : + 33 (0) 1 64 98 20 50
Courriel : invest@global-bioenergies.com