DuPont to Build Cellulosic Ethanol Plant at Nevada
by Lynn Hicks (Des Moines Register) Nevada will be the site of one of the few next-generation ethanol plants in the world, DuPont announced today.
The biorefinery will use corncobs, leaves and stalks as feedstock rather than corn. It will join a proposed Poet plant in Emmetsburg as Iowa’s two next-generation refineries, …
Documents filed with the state show the investment would be $275.5 million.
DuPont had previously announced that the project would go to Iowa, beating out Nebraska. The Iowa Power Fund board approved a $9 million grant for the project in February.
Nevada has said it would provide nearly $8.7 million in tax abatement over 10 years. The Iowa Department of Economic Development also agreed to provide $586,000 in job training assistance and $4.6 million in tax credits.