Issue Date: July 18, 2011
Changing Fortunes For Cellulosic Fuel Makers
As one developer of cellulosic biofuels gets funded, two others face difficulties. Natural gas firm Chesapeake Energy has paid $155 million for a 50% stake in Sundrop Fuels. Sundrop uses high temperatures to gasify cellulosic feedstock into synthesis gas, which is catalytically converted to gasoline through a process developed by ExxonMobil. Colorado-based Sundrop plans to have a 40 million-gal-per-year plant operating by late 2013. Cellulosic fuels firm Choren, meanwhile, has declared insolvency . . .
You Do Not Have Access to C&EN Protected Content.
- Chemical & Engineering News
- ISSN 0009-2347
- Copyright © American Chemical Society