Case Study: Mascoma: Seeking a Market Toehold
BioRefineries/Renewable Fuel Production, Business News/Analysis, Forestry/Wood/Residues/Waste, Funding/Financing/Investing, Michigan, Opinions, Policy, Process
August 26, 2010
by Nidhi Subbaraman (MIT Technology Review) …The company announced plans to build one of the first commercial-scale cellulosic-ethanol plants, in Kinross, MI; it would be able to produce 80 million gallons per year.
But as of the summer of 2010, Mascoma had yet to begin construction. Simply put, nobody would lend it the money for a production plant whose product would compete with relatively cheap oil. READ MORE