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Mascoma and Chevron Team for Cellulosic Ethanol

An agreement between Mascoma Corporation and Chevron Technology Ventures will provide feedstock for conversion to cellulosic ethanol and by-products.

mascoma_logochevronAccording to a press release, Mascoma has entered into a feedstock processing and lignin supply agreement with Chevron Technology Ventures (CTV), a division of Chevron U.S.A., Inc. Under terms of the agreement, CTV will provide various sources of lignocellulosic feedstock to Mascoma, which will then convert the feedstock to cellulosic ethanol producing lignin as a by-product.

The project will last for two years, and Mascoma is hopeful that the developed technology may be suitable for a wide variety of feedstocks.

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  • [...] Lux Research has recently released a new report, “Ranking Biofuel Startups on the Lux Innovation Grid, which analyzes a number of key criteria to indicate which companies are more likey to succeed as the market matures. One of the companies given top honors is Mascoma Corporation. [...]

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