U.S. oil refiner Valero Energy Corp will invest up to $50 million in a plant that will produce ethanol from wood, a major mainstream backing for the emerging technology. The investment in venture capital-backed Mascoma Corp includes a deal for Valero to purchase the facility's 40 million gallons of cellulosic ethanol, the companies said on Thursday in a joint statement.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/valero-invests-50-million-cellulosic-ethanol-plant
[2] http://admin.indiaenvironmentportal.org.in/category/author/nichola-groom-0
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/planet-ark-australia
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/united-states-america-us
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ethanol
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/biofuel
