Chemical Industry Weekly Innovation Round-up, Jan.6

The year has started with a bang for U.S. biochemical players, with a flurry of announcements relating to funding deals that will take biotech projects to the next stage of commercialization: Virent Energy Systems (Madison, WI) and HCL CleanTech (Oxford, NC) say they have secured $900,000 in public funding for a project to demonstrate a process for converting cellulosic sugars. Meanwhile, Ineos has secured a grant for an 8 million gall/year biofuel unit powered by biomass in Florida. Meanwhile, biotech start-up Qteros (Marlborough, MA) says it has successfully...

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