01 September 2010 14:15 [Source: ICIS news]
The acquisition would create a company with comprehensive technologies to convert non-food cellulose from wood chips, energy crops and organic solid waste into low-cost cellulosic ethanol and high-value co-products, it said.
The combined entity would have “the leading intellectual property position” in the cellulosic biofuels sector, covering both pre-treatment and consolidated bio-processing technologies, it said.
“The acquisition combines the leading bio-chemical platform companies in
SBI would be renamed Mascoma
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections