DowDuPont mothballs Nevada cellulosic ethanol plant as it looks for buyer

November 2, 2017 |

In Iowa, DowDuPont announced it is mothballing its cellulosic ethanol plant in Nevada as it searches for a strategic buyer to take the business over. Until then, it will run on a skeleton staff of 90 people. The company says it wants to reposition its role in the cellulosic biofuels industry, focusing on supplying enzymes and yeasts rather than as a producer. The company is spinning off three of its businesses in an effort to cut costs by $3 billion.

Category: Fuels

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