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Dealipedia - SunEthanol receives an investment from VeraSun Energy Corp...

SunEthanol receives an investment

Deal Participants:
Company: SunEthanol View Profile Charts Homepage
Investors: VeraSun Energy Corp View Profile Add Homepage   Google Search
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Deal Financials:
Series: A
Date:
Announced: Aug 14, 2007

PRESS RELEASE - SunEthanol receives an investment

SunEthanol’s Q Microbe technology, licensed from the University of Massachusetts, has the potential to make the production of ethanol from cellulose economically competitive.

SunEthanol’s Q Microbe represents true consolidated bio-processing (CBP), a technology that consolidates multiple steps into a single efficient and natural process, potentially resulting in a lower cost of production and the ability to convert various forms of biomass into ethanol. It was discovered by University of Massachusetts professor of microbiology, Dr. Susan Leschine in the soil of New England, near the Quabbin Reservoir, and is being developed for cellulosic ethanol production by Dr. Leschine and the SunEthanol lab team. Dr. Leschine serves as a senior advisor to SunEthanol. The team believes that the Q Microbe’s CBP process can be used with a wide variety of plentiful biomass feedstocks including: switchgrass, corn stover, wheat straw, sugar cane bagasse, and wood pulp. It can potentially be used in all parts of the world where biomass is plentiful.

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Dec 08 '07
This version submitted by azstrik
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