Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

DJ DuPont Danisco,University Of Tennessee In Ethanol Pilot Plant

Thu. July 24, 2008; Posted: 01:13 AM
Stocks RSS
STOCKHOLM, Jul 24, 2008 (Dow Jones Commodities News via Comtex) -- DD | Quote | Chart | News | PowerRating -- Edited Press Release

Danisco said Wednesday that DuPont Danisco Cellulosic Ethanol LLC (DDCE) and the University of Tennessee (UT) Research Foundation, through its Genera Energy LLC, have announced a partnership to construct an innovative pilot-scale biorefinery and research and development facility for cellulosic ethanol in Vonore, Tennessee.

The pilot-scale biorefinery will develop the commercial package for DDCE's leading cellulosic ethanol technology.

The project will utilize UT's expertise in cellulosic feedstock production and co-product research, as well as its work with Tennessee farmers to develop the first dedicated cellulosic energy crop supply chain for cellulosic biorefineries utilizing switchgrass.

The facility design will incorporate the flexibility to operate on two different non-food biomass feedstocks - corn stover, cobs and fiber; and switchgrass.

The pilot plant and process development unit (PDU) will be located at the Niles Ferry Industrial Park.

A PDU is a research facility that enables both experimentation at larger than laboratory scale and more rapid adjustments to process components.

The plant capacity will be 250,000 gallons of cellulosic ethanol annually. Site preparations are scheduled to begin this fall, and ethanol should be available from the pilot plant by Dec. 2009.

In 2007 Gov. Phil Bredesen proposed and the legislature set aside $40.7 million toward the construction of a pilot biorefinery. Those funds will be combined with a substantial investment from DuPont Danisco Cellulosic Ethanol to construct the high-tech research facility.

The university has invested state research dollars toward the development of switchgrass as a potential energy crop for the state and the United States.

The first switchgrass plots that will supply the pilot biorefinery were planted by area farmers in spring 2008.

These crops will fully mature in three years, and demonstration of switchgrass-to-ethanol conversion could begin as early as 2010.

The pilot plant will initially process western Tennessee corn cobs to ethanol and then will optimize its technology for switchgrass to ethanol conversion.

The Tennessee Biofuels Initiative is a farm-to-fuel business plan developed by UT Institute of Agriculture researchers that models a biofuels industry capable of supplementing 30% of Tennessee's current petroleum consumption.

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=phsswTut%2FJDY9803IBEBGw%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

07-24-08 0113ET

For full details on E. I. du Pont de Nemours and Company (DD) click here. E. I. du Pont de Nemours and Company (DD) has Short Term PowerRatings of 5. Details on E. I. du Pont de Nemours and Company (DD) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [DD]
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.