14 May 2008 14:54 [Source: ICIS news]
TORONTO (ICIS news)--DuPont is setting up a joint venture with Genencor, a division of ?xml:namespace>
The 50:50 US-based DuPont Danisco Cellulosic Ethanol venture would develop and commercialise leading, low-cost technology for the production of cellulosic ethanol, with first commercial volumes expected by 2012, DuPont said.
The partners plan an initial three-year investment of $140m, first targeting corn stover and sugar cane bagasse as feedstocks.
Future targets include ligno-cellulosic feedstocks such as wheat straw, a variety of energy crops and other biomass sources.
A first pilot plant was expected to be operational in the
DuPont Danisco’s technology could be used both as a bolt-on to an existing ethanol plant - expanding its capacity to accept cellulosic feedstocks - or as the design basis for a stand-alone cellulosic ethanol facility, it said.
“This joint venture addresses this issue head-on," he said.
"By integrating our companies' strengths and expertise in this new venture, we are significantly increasing the potential to make cellulosic ethanol from multiple non-food sources an economic reality around the world."
($1 = €0.65)
Bookmark Simon Robinson's Big Biofuels Blog for some independent thinking on biofuels
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