Cellulosic ethanol joint venture headquartered in South Dakota
A new joint venture will create a cellulosic ethanol plant by 2013, according to company officials. South Dakota-based POET and Dutch-based Royal DSM have secured around $250 million to begin its project. The joint venture will be headquartered in Sioux Falls, SD, and will first focus on POET’s Project Liberty facility in Emmetsburg, Iowa, and later will use 26 more ethanol facilities in the company’s network. Read the Read the full story at Biofuels Digest.