Cellulosic ethanol producer ZeaChem projects $1.50 per gallon ethanol at the pump

In California, ZeaChem said that its cellulosic process can produce up to 160 gallons of ethanol per ton of biomass, and that a farm with a radius of eight miles could produce 300 Mgy of ethanol per year from wood waste, switch grass, or other waste, with a net return on energy of nearly 10 to 1 and a price at the pump of around $1.50 per gallon.

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