Valero Energy of San Antonio, operator of four corn-fed ethanol plants in Iowa, joined DuPont last week in moving toward the next-generation of biofuels with an announcement that it will invest in a wood-chip ethanol plant at Knross Township, Mich.Valero’s announcement of the $50 million investment follows DuPont’s commitment to build a corn stover-fired ethanol plant in either Story or Webster counties in Iowa.
The Michigan plant will used hardwood pulp gathered from nearby forests. DuPont’s plant will use cobs, stalks and leaves raked and gathered immediately after harvest.
Read more : http://blogs.desmoinesregister.com/dmr/index.php/2011/01/14/valero-joins-cellulosic-ethanol-movement/
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