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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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