Department of Agriculture) for first-generation commercial-scale
cellulosic ethanol plants;
-- A more generous tax credit for the first producers of cellulosic
ethanol (up to 2.5x the $0.51/gallon level available to blenders
for using grain ethanol);
-- A potential carve-out within the Renewable Fuel Standard
(mandated blend market) that now applies to ethanol, and that
would be available specifically and exclusively for cellulosic
-- As part of the farm bill debate, the potential for significant
assistance to help farmers move out of traditional agriculture
into higher-margin energy crop production.
Verenium Corporation is a leader in the development and commercialization of cellulosic ethanol, an environmentally-friendly and renewable transportation fuel, as well as high-performance specialty enzymes for applications within the biofuels, industrial, and health and nutrition markets. The Company possesses integrated, end-to-end capabilities in pre- treatment, novel enzyme development, fermentation, engineering, and project development and is moving rapidly to commercialize its proprietary technology for the production of ethanol from a wide array of feedstocks, including sugarcane bagasse, dedicated energy crops, agricultural waste, and wood products. In addition to the vast potential for biofuels, a multitude of large-scale industrial opportunities exist for the Company for products derived from the production of low-cost, biomass-derived sugars.
Verenium's Specialty Enzyme business harnesses the power of enzymes to
create a broad range of specialty products to meet high-value commercial
needs. Verenium's world class R&D organization is renowned for its
capabilities in the rapid screening, identification, and expres
|SOURCE Verenium Corporation|
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