๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Velocys receives $4 M US grant

Publisher
Elsevier Science
Year
2009
Weight
68 KB
Volume
2009
Category
Article
ISSN
1351-4180

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โœฆ Synopsis

Novozymes has signed a loan agreement with NIB whereby it will receive โ‚ฌ30 M to fund research and development in the area of biofuel production from waste and crop residues. This replaces an earlier loan from NIB. A new generation of enzymes will be used to produce biofuels from the stems, leaves, and husks of plants. It is estimated that the carbon footprint for bioethanol production from cellulose-containing crop residues will be 90% less than that for conventional petrol production.

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