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Mascoma moves to bid review stage for Michigan cellulosic ethanol project

| July 2, 2012

In Massachusetts, Mascoma remains on track for its planned cellulosic ethanol plant opening in Kinross, and had moved into the bid review stage after receiving numerous bids for its Michigan project. Back in March, the company said, “We anticipate construction of this facility to start in 3 to 6 months and we expect the facility to begin operations in mid-2014. Based on current cost estimates, we believe this facility will be fully financed by Valero in addition to grants and awards from the DOE and the State of Michigan.”

More recently, news on the comp[any’s progress has focused on the Mascoma Grain Technology (MGT) yeast product, now marketed by Lallemand Ethanol Technology and Mascoma under the commercial name TransFerm, which has picked up customers like Pacific Ethanol and Valero.

On its MGT technology, Mascoma writes: ” We believe that our initial MGT product will reduce the enzyme costs of corn ethanol production by approximately $0.01 to $0.02 per gallon, based on laboratory test runs and management estimates of total enzyme costs between $0.03 to $0.04 per gallon of corn ethanol.”

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