19 June 2008 02:36 [Source: ICIS news]
SAN DIEGO (ICIS news) -- Genencor expects to come on stream in the next several years with two new facilities for biofuels, the biotechnology company said Wednesday.
“We have a new US-based pilot plant that we expect to have completed by the end of 2009, and we’re planning to have a commercial plant up and running by 2012, potentially either in the US or China,” Tjerk de Ruiter, CEO of Genencor, said in an interview with ICIS Chemical Business at the 2008 Biotechnology Industry Organization (BIO) International Convention in San Diego, USA.
Genencor, a division of Daniso, partnered with DuPont last month to create a joint venture for second-generation cellulosic ethanol. The new company, DuPont Daniso Cellulosic Ethanol LLC expects to derive the biofuel from non-food sources
Initially, the company will start with corn, due to its already-established infrastructure. But it will eventually move on to biomass like left over stalks and other biowaste from both corn and sugar cane.
Genencor and DuPont have said they plan to invest $140m (€89.6m) over the next three years to initially target corn and sugar cane.
“We are also looking at other non-food raw materials like switchgrass, wheat straw, and wood products,” said de Ruiter.
($1= € 0.64)
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