Advertisement
Grab your lab coat. Let's get started
Welcome!
Welcome!
Create an account below to get 6 C&EN articles per month, receive newsletters and more - all free.
It seems this is your first time logging in online. Please enter the following information to continue.
As an ACS member you automatically get access to this site. All we need is few more details to create your reading experience.
Not you? Sign in with a different account.
Not you? Sign in with a different account.
ERROR 1
ERROR 1
ERROR 2
ERROR 2
ERROR 2
ERROR 2
ERROR 2
Password and Confirm password must match.
If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)
ERROR 2
ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.
Business
Mascoma Cancels Stock Offer
by Melody M. Bomgardner
April 1, 2013
| A version of this story appeared in
Volume 91, Issue 13
Cellulosic ethanol company Mascoma has canceled plans to hold an initial public offering of stock, citing poor market conditions. The firm floated its IPO plans in September 2011, hoping to raise up to $100 million. Mascoma’s genetically modified yeast is designed to convert biomass such as hardwood pulp to ethanol. Its first commercial facility, to be built in Kinross, Mich., will have a capacity of 20 million gal per year and open in 2014 or 2015. The facility, a joint venture with oil firm Valero, received an $80 million Department of Energy loan guarantee.
The power is now in your (nitrile gloved) hands
Sign up for a free account to get more articles. Or choose the ACS option that’s right for you.
Already have an ACS ID? Log in
Join the conversation
Contact the reporter
Submit a Letter to the Editor for publication
Engage with us on X