Genzyme reports strong 2Q 2008 growth

• Publisher: Elsevier Science
• Year: 2008
• Weight: 52 KB
• Volume: 2008
• Category: Article
• ISSN: 1351-4180
• DOI: 10.1016/s1351-4180(08)70399-4

✦ Synopsis

Chemical has signed a deal with the US Department of Energy's (DOE) National Renewable Energy Laboratory for the joint development and study of the commercial feasibility of a biomass-to-ethanol process. The process will use a gasification technique to transform non-food biobased materials, including corn leaves or wood waste, into synthesis gas, which will be converted into a mixture of alcohols, such as ethanol, using a mixed alcohols catalyst from Dow. The partnership will work mainly on enhancing the catalyst and assessing the pilot-scale performance and commercial feasibility of an integrated facility. DOE has invested in a number of projects in 2007 in an effort to make the cost of cellulosic ethanol comparable to corn-derived ethanol by 2012. Meanwhile, Shell has raised its interest in Canadian biofuels technology company Iogen Energy from 26.5% to 50% to speed up their cellulosic ethanol work.