Valero Invests in Producing Car Fuel From Wood Waste

Wood Waste to Produce Car Fuel

The cellulosic ethanol movement got a much needed boost yesterday with the announcement that Valero, the nation’s largest independent oil refiner, is investing $50 million into the Mascoma Corporation’s plans to build a commercial sized wood-based biofuel refinery in Kinross, Michigan. Together with subsidiary Frontier Renewable Resources, Mascoma, based in Lebanon N.H., intends to break […]

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