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Markets :: Alternative Fuels :: Biorefineries
Chemtex to Build Cellulosic Ethanol Facility in North Carolina
10:58 AM MDT | August 23, 2012 | Rebecca Coons
Gruppo Mossi & Ghisolfi subsidiary Chemtex says it has received a conditional $99-million loan guarantee from the USDA to support the construction of a cellulosic ethanol facility. The plant is expected to be located in Sampson County, NC, and produce 20 million gallons per year. Construction is targeted to begin in late 2012, with the plant slated to come online in 2014. Novozymes will be supplying enzymes. "[The loan guarantee] is a great step forward for the U.S. biofuels industry and an endorsement of the technologies Chemtex and Novozymes have...
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