JV to market cellulosic-based technology for renewable chemicals

10/16/2011 | Biofuels-News.com (U.K.)

Mossi & Ghisolfi Group, which is developing the world's first commercial-scale cellulosic ethanol plant in Crescentino, Italy, has formed a joint venture with TPG Capital and TPG Biotech to license technology that would be used at the facility. The venture, Beta Renewables, will market M&G's Proesa technology, which converts cellulosic biomass into ethanol and renewable chemicals.

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