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Praj and Qteros partner to accelerate commercialization of cellulosic ethanol
Source : greencarcongress.com
India-based Praj Industries Limited and Qteros, Inc., the developer of a Consolidated Bioprocessing (CBP) platform for low-cost production of cellulosic ethanol using the Q-microbe, have formed a strategic partnership to accelerate commercialization efforts for industrial-scale cellulosic ethanol production. Qteros also announced that it has closed the initial tranche in its Series C financing. The completion of this $22M financing is expected to provide sufficient funding to accelerate its development and commercialization plans. The Q Microbe (Clostridium phytofermentans) produces enzymes required for biomass degradation into pentose and hexose sugars, while simultaneously co-fermenting all these sugars into ethanol as its natural metabolic end product. The organism's innate biological ability to produce ethanol from biomass enables Qteros to focus its development efforts on optimizing the organism's effectiveness for industrial-scale production. Moreover, the Q Microbe is feedstock-flexible, producing cellulosic ethanol from a range of non-food biomass materials, including, among others, sugarcane bagasse, corn stover and cobs, and a broad variety of energy crops.
read more ...
10 January 2011 |
Technology ::
Bioethanol ::
International
The information in this section is subject to a disclaimer.
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