May 2, 2005
Iogen close to opening first Cellulose Ethanol plant
Iogen recently announced that it has opened a small plant and is looking for a place to build a $300M 50M gallon plant. What is the difference between Cellulose Ethanol and regular corn Ethanol? Cellulose ethanol is made from all the left over stuff of farming and timber. All the stalks left in the field, old woodships, whatever. Stuff that is today burned or left to rot. Corn ethanol actually takes alot of processing and, well, corn. Iogen now has 170 people, KP, Royal Dutch Shell and others as investors. Would have been good to be in that one early. But then again early was 1970 and I bet there have been a few re-caps along the way...
Posted by Martin at May 2, 2005 9:21 PM
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The leading candidate for the location of the first commercial scale cellulose ethanol plan is Rexburg, ID. Apparently Iogen looked at over 800 locations in North America and picked this location. Senators Larry Craig (ID-R) and Maria Cantwell (WA-D) are working on getting the government to provide loan guarantees to ensure the plant gets developed. Rexburg is near the Idaho National Lab (formerly Idaho National Engineering & Environmental lab) where nuclear testing and clean-up has taken place since the late '40's.
Posted by: Dave at May 3, 2005 5:52 AM
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