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Iogen in Talks for Cellulosic Ethanol Plant in Canada
21 March 2007
The Globe and Mail reports that Ottawa-based Iogen Corp. is now negotiating with the Canadian federal government to locate its first commercial cellulosic ethanol plant in Saskatchewan.
Canada’s Budget 2007, introduced earlier this week, contains a C$500-million provision to support the commercialization of next-generation biofuels. (Earlier post.)
Iogen has been offered an US$80-million package to build the $400-million, 200-million-liter-a-year facility in Idaho, and also has potential sites in Europe, where governments are offering rich subsidies.
Iogen executives declined to comment.
March 21, 2007 in Brief | Permalink | Comments (0) | TrackBack (0)
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