29 March 2012 21:22 [Source: ICIS news]
HOUSTON (ICIS)--Biofuel company Mascoma and fermentation ingredients supplier Lallemand Ethanol Technology reached a sales agreement to supply a bioengineered yeast to a plant owned by Pacific Ethanol, the companies said on Thursday.
The Pacific Ethanol plant is in Boardman, Oregon, and it has a capacity of 40m gal/year (151m litres/year).
The agreement establishes terms and pricing for any of the plant's purchases of the bioengineered yeast, called Mascoma Grain Technology. The deal could be extended to three more Pacific Ethanol plants.
Mascoma Grain Technology is intended to replace expensive enzymes that are used to produce ethanol, Mascoma said.
The product is made and distributed by Lallemand. Both companies market and sell the product.
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