US POET, Agrivida to cooperate on cellulosic ethanol

21 August 2012 18:44  [Source: ICIS news]

HOUSTON (ICIS)--US ethanol producer POET has agreed to cooperate with biotechnology firm Agrivida on cellulosic ethanol, the firms said on Tuesday.

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 US will have to build as many as 350-400 bio-refineries by 2022 to meet the volume requirement of 16bn gal/year of cellulosic bio-ethanol under the country’s Renewable Fuel Standard.

US oil and gas trade group American Petroleum Institute (API) has challenged that requirement, ICIS reported.

Additional reporting by Joe Kamalick

Check out Doris de Guzman’s Green Chemicals Blog for views on sustainability issues

By: Stefan Baumgarten
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