GM Announces New Cellulosic Ethanol Partnership with Mascoma Corp.
General Motors announced today it would be entering into a strategic relationship with Mascoma Corp., a second-generation biofuel company with the technology to produce cellulosic ethanol from non-food sources via a single-step biochemical conversion.
The undisclosed equity share aims to contribute to joint research and development along with technology exchange, plant siting, and rapid commercialization of cellulosic ethanol technology and infrastructure. This is GM’s second investment in a cellulosic ethanol company, after announcing partnership with Coskata back in January.
Mascoma is a 3 year old energy biotech company based in Boston. Their proprietary production process, called Consolidated Bioprocessing, limits the use of chemicals and enzymes required by other biochemical methods to make cellulosic ethanol. There are two basic processing methods: biochemical treatment and gasification... gas2.org
