DuPont and Genencor hosted a conference call this afternoon about the launch of their cellulosic biofuels joint venure DuPont Danisco Cellulosic Ethanol LLC. Aside from the $140m to be invested over three years. Key takeaways for me:
1. Chad Holiday, ceo DuPont says the JV does not weaken commitment to biobutanol, or the joint venture with BP: "we are extremely excited about biobutanol" he said
2. Cellulosic ethanol is more scalable and less capital intense than pyrolysis routes
3. They were not giving anything away on the pre treatment technology, which is absolutely vital to convert cellusose into sugars that can be fermented into ethanol.
4 The jv plans to start commercial production by about 2012
1. Chad Holiday, ceo DuPont says the JV does not weaken commitment to biobutanol, or the joint venture with BP: "we are extremely excited about biobutanol" he said
2. Cellulosic ethanol is more scalable and less capital intense than pyrolysis routes
3. They were not giving anything away on the pre treatment technology, which is absolutely vital to convert cellusose into sugars that can be fermented into ethanol.
4 The jv plans to start commercial production by about 2012