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Non-Tech : $2 or higher gas - Can ethanol make a comeback?
DAR 31.93-1.0%Nov 6 3:59 PM EST

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To: richardred who wrote (540)1/22/2006 10:53:05 AM
From: richardred  Read Replies (1) of 2801
 
As Brazil grows a sugar specifically geared toward ethanol. Cargill and Monsanto look to be doing the same in corn.

Cargill-Monsanto joint venture to build corn plant
Thu Jan 19, 2006 06:26 PM ET
CHICAGO, Jan 19 (Reuters) - Biotech company Renessen LLC, a joint venture between agribusiness companies Cargill Inc. and Monsanto (MON.N: Quote, Profile, Research) , said on Thursday it plans to build a plant in Eddyville, Iowa to test a new ethanol production system.

The plant will use biotech corn hybrids with increased energy and nutrient levels combined with a dry corn separation process used for ethanol production.

The new plant will provide engineering data to help Renessen refine specifications for building a full-scale commercial plant and developing livestock feed markets.

Among the products the plant will produce are corn oil, ethanol and animal feeds including distiller's dried grains, a primary by-product of ethanol production.

The plant is expected to open in January 2007. The pilot-scale facility will employ about 15 people, the companies said.
yahoo.reuters.com
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