19 Juli 2013

DuPont seeks cellulosic ethanol partners after $200 million investment in Iowa

Company is talking with potential partners in U.S., China, Brazil, Europe, Southeast Asia

Chemical giant DuPont Co. is seeking partners for joint ventures in the production of cellulosic ethanol, a next- generation biofuel, a DuPont official said.

“DuPont would take a minority stake and…we would basically take an active role in setting production up” in the joint ventures, which the company is discussing with parties in the U.S., Southeast Asia, China, Brazil and Europe, Jan Koninckx, DuPont’s business director for biorefineries, said in an interview this week.

…Full Text: http://www.nasdaq.com/article/dupont-seeks-cellulosic-ethanol-joint-ventures-20130719-00599

Tags: fuel companies, agribusinesses, corn kernels, stalks, biomass, renewable fuels, corn-plant residue, licensing agreements, enzymes

Source: Nasdaq, 2013-07-19.

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