Aemetis buys Edeniq for cellulosic fuel | Chemical & Engineering News
Volume 94 Issue 20 | p. 17 | Concentrates
Issue Date: May 16, 2016

Aemetis buys Edeniq for cellulosic fuel

Department: Business
Keywords: biofuels, cellulosic ethanol, advanced biofuel

Biofuels producer Aemetis has agreed to acquire cellulosic ethanol technology provider Edeniq for an undisclosed amount of cash and stock. Founded in 2008, Edeniq developed a process to convert cellulosic sugars from corn kernel fibers into ethanol. Six U.S. ethanol plants have installed the technology. Edeniq had raised $100 million from venture backers and Department of Energy grants.

 
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ISSN 0009-2347
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