Valero Dumps Cellulosic Ethanol Project

A company that received lavish subsidies to build a cellulosic ethanol plant in Michigan recently lost a major private-sector investor. Mascoma Corp.[i] must now look elsewhere for funding its ethanol facility in Kinross, Michigan, after news that Valero Energy Corp. is withdrawing its $50 million dollar investment. Mascoma, a New Hampshire-based renewable fuels company, received […]

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