Itochu invests in ZeaChem; commercializing in 2014

In Colorado, Itouchu announced that it has acquired shares in ZeaChem.

Together, ITOCHU and ZeaChem will acquire partners in each region to investigate the expansion of the technology worldwide, in second generation bioethanol business sectors that use ZeaChem’s technology, and in the future in chemicals business sectors that produce from biomass (green chemicals industry), with the aim of commercializing the technology in 2014.

Also, Itouchu said will create new business through project investment and development, by continuing to actively pursue the development of leading-edge technologies that are environmentally friendly and promising.