21 August 2012 18:44 [Source: ICIS news]
Under the four-year deal, POET and Agrivida will develop and test Agrivida’s engineered corn stover feedstock and feedstock processing technology for integration with POET’s existing commercial cellulosic technology, they said.
The objective is to reduce the capital and operating costs of commercial cellulosic ethanol production facilities, the companies said. Financial details were not disclosed.
POET operates a pilot-scale cellulosic bio-ethanol plant, which uses corn cobs, leaves, husk and some stalk as feedstock. POET expects to commercialise its cellulosic ethanol process through a joint venture with Dutch chemical firm DSM.
POET and Agrivida added that according to estimates by the US Environmental Protection Agency (EPA) the
Additional reporting by Joe Kamalick
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