AEC releases report on cellulosic biofuels progress

12/19/2012

The Advanced Ethanol Council this morning released a report giving a snapshot of cellulosic ethanol producers in the U.S. and around the world. A look at facilities owned by companies such as Abengoa Bioenergy, Enerkem, INEOS Bio and ZeaChem shows the progress made since the Renewable Fuel Standard was put into place five years ago. "Despite the global recession, the cellulosic biofuels industry now has facilities and projects under development in more than 20 U.S. states representing billions of dollars in private investment. Enzyme costs are down 80% in the last decade, and cellulosic biofuels are being produced for $2.00 per gallon or less today," AEC says in the report. Read the report.

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