DuPont Picks Iowa for Cellulosic Ethanol Facility

DuPont Picks Iowa for Cellulosic Ethanol Facility | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions


http://businessfacilities.com/2011/01/dupont-picks-iowa-for-cellulosic-ethanol-facility/
In Iowa, the Iowa Power Fund Board has approved terms to start contract negotiations on a grant award for a DuPont Danisco Cellulosic Ethanol biorefinery that will produce cellulosic ethanol in Iowa, Biofuels Digest reports. With the terms approved, a final contract will be negotiated and could be approved as early as February’s Board meeting. The […]

DuPont Picks Iowa for Cellulosic Ethanol Facility

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DuPont Picks Iowa for Cellulosic Ethanol Facility

In Iowa, the Iowa Power Fund Board has approved terms to start contract negotiations on a grant award for a DuPont Danisco Cellulosic Ethanol biorefinery that will produce cellulosic ethanol in Iowa, Biofuels Digest reports.

With the terms approved, a final contract will be negotiated and could be approved as early as February’s Board meeting. The terms call for a $9 million grant from the Iowa Power Fund, combined with over $226 million in matching funds by DDCE, for a total project cost of over $235 million. The biorefinery will be capable of producing 25 million gallons of cellulosic ethanol per year, using corn stover as a feedstock.

DuPont is reportedly evaluating several sites in Iowa for the refinery.

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