Taurus Energy in collaboration with a French company on the application of EU funds for ethanol Projects
(Taurus Energy) Taurus Energy participates in an application to the French company CIMV submitted to the EU Commission on the construction and operation of a larger demonstration plant for the production of ethanol from biomass. The plan is for the demonstration plant will be built in France and Taurus Energy’s role is to be responsible for the fermentation step in the process. EU Commission in January 2015 to determine which projects receive grant funding. Taurus Energy sees a large commercial or research value in participating in the project.
– Our business motive for participation is to mark our presence in the market and thus the value of our company. We may also obtain funding for a research and development that we still want to carry out, which further enhances our opportunities for future sales of licenses, says Lars Welin, CEO of Taurus Energy. READ MORE and MORE (Biofuels Digest)