Verenium's conversion process originated from the landmark technology developed by a team led by Dr. Lonnie Ingram at the
The grant agreement, which Verenium and Florida Commissioner of Agriculture and Consumer Services Charles Bronson will discuss at a press briefing at the Florida State Capitol in Tallahassee today, follows Verenium's success at its pilot- and demonstration-scale plants in Jennings, La., where the Company has been developing and testing processes to optimize production and lower the cost of making cellulosic ethanol.
Separately, in August Verenium announced a strategic partnership with BP, an international energy company and leader in alternative energy, to speed the development of its cellulosic ethanol technology. Verenium and BP are currently focusing on a second phase of collaboration surrounding the development and deployment of commercial-scale cellulosic ethanol production facilities.
Cellulosic ethanol is a renewable fuel source produced from natural, plant waste products and dedicated energy feedstocks such as sugarcane waste (bagasse), switchgrass, sorghum, rice straw and wood chips. Cellulose, a long-chain polysaccharide found in nearly all plant life, is the most abundant organic polymer on earth. The Environmental Protection Agency says cellulosic ethanol's high-oxygen content reduces carbon monoxide better than other oxygenates.
Next-generation cellulosic ethanol uses advanced enzyme science to reduce the cost of ethanol
|SOURCE Verenium Corporation|
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