Grants Given for Cellulosic Ethanol
Tuesday January 29, 6:39 pm ET
Government Awards $114 Million to 4 Companies for Cellulosic Ethanol Projects
WASHINGTON (AP) -- The Energy Department awarded $114 million in grants Tuesday to build four small-scale biorefineries in Missouri, Oregon, Colorado and Wisconsin, hoping to demonstrate production of cellulosic ethanol.
The government grants will cover about a third of the cost of the projects.
The companies selected are ICM Inc., of Colwich, Kan., which will build a facility in St. Joseph, Mo.; Lignol Innovations Inc., of Berwyn, Pa., which will build in Commerce City, Colo; Pacific Ethanol Inc., of Sacramento, Calif., which will build in Boardman, Ore.; and Stora Enso North America of Wisconsin Rapids, Wis., which will build in Wisconsin Rapids.
Pacific Ethanol Inc. will receive $24.3 million and each of the other three companies $30 million.
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