Mascoma, a cellulosic ethanol maker, has been working on gaining capital investment from just about every funding source out there. But now it looks like the attempts to go public and raise $100 million have been pulled off the market.
Back in February, Mascoma opened its first pilot plant for the production of cellulosic ethanol. According to General Motors, which invested in Mascoma and its unique method for producing the alcohol, Mascoma's consolidated bioprocessing process has proven successful in a laboratory environment.
Mascoma Corporation's first pilot plant in Rome, New York has now begun to produce cellulosic ethanol. Mascoma is one of two cellulosic ethanol companies that got equity investments from General Motors in early 2008, the other being Coskata. The Rome plant has an annual capacity of 200,000 gallons of ethanol produced from non-food biomass. Mascoma recieved grants from the New York State Energy Research and Development Authority (NYSERDA) and the New York State Power Authority (NYPA) to help pay
Looking back on 2008, it seems that the biggest stories that shaped the automotive landscape had more to do with gas prices and economic conditions than the vehicles themselves. Regardless, there are quite a few new technologies that are just starting to make waves, and many of them are intended to reduce the world's use of petroleum and the resultant emissions. Proof positive can be seen in Motor Trend's list of the "Top Ten Tech Treasures" of 2008. For instance, the first two bits of technolog
During a conference call this afternoon, Michigan Governor Jennifer Granholm announced that the U.S. DOE will invest $26 million dollars in the state's first cellulosic ethanol production plant, being built by Mascoma in the Upper Peninsula. Granholm, speaking with a sore voice thanks to a cold, said that this is the first time that Michigan has gotten a DOE grant in partnership with the private sector.
Massachusetts-based Mascoma Corp. has added Dr. Andreas Lippert to its scientific advisory board. Mascoma, along with Coskata, is one of the two companies working on cellulosic ethanol technology that GM invested in earlier this year. Dr. Lippert is the Director of Global Energy Systems for GM and is responsible for strategic analysis and outlook on global energy developments and energy supply chains. Lippert is expected to lend his knowledge in those areas to Mascoma as they move forward with c
Mascoma Corp is one of the two cellulosic ethanol companies that General Motors invested in earlier this year. Dr. Lee Lynd is one of Mascoma's co-founders and he and his collaborators at Dartmouth College have published a paper that gives some more insight into Mascoma's process. They have created a new genetically-engineered bacteria aimed at producing ethanol from biomass. The key to this new microbe is its ability to function at higher temperatures than the naturally-occurring types that hav
Nearly two months after the announcement by General Motors of its equity investment in Mascoma, the Massachusetts company has announced the location of its first commercial cellulosic ethanol plant. Mascoma CEO Bruce Jamerson and Michigan Governor Jennifer Granholm announced a plant would be built near Sault Ste. Marie in northern Michigan. Mascoma will be collaborating with Michigan State University and Michigan Technical University to further enhance its processing technology for turning bioma
General Motors today announced their second equity investment in a developer of cellulosic ethanol technology in recent months. The automaker is buying into Mascoma Corp. Mascoma has developed a single-step cellulose to ethanol process that apparently requires fewer enzymes and other additives. Mascoma has proprietary microbes that are used in its Consolidated Bioprocessing (CBP) technology. The CBP process can convert most forms of biomass such as straw, wood, paper pulp, and agricultural waste
Late last week, the U.S. Department of Energy picked three cellulosic ethanol projects as recipients of up to $86m in federal funding for fiscal years 2008-2011. These "small-scale biorefinery projects" are located in Maine, Tennessee and Kentucky and are intended to bring "cost-competitive" second-generation ethanol to market by 2012 (the plants will also make other bio-based chemicals and products). DOE Secretary Samuel Bodman said the projects would help President Bush reach his goal of stop
We've mentioned Mascoma a couple of times recently in relation to the cellulosic ethanol conversion technology developed by Prof. Lee Lynd at Dartmouth College that they have been set up to commercialise. The latest news is that they have received a $14.8 million award from the New York State Department of Agriculture and Markets and the New York State Energy Research and Development Authority (NYSERDA). This will allow them to build and operate a cellulosic biomass-to-ethanol demonstration.
The real potential for ethanol lies not in the corn fields of the Nebraska and Iowa but in cellulose. The amount of sugar that can be converted to alcohol that is locked up in cellulosic biomass far exceeds what is available from corn kernels. The problem is, well, that it's locked in there. The chemical bonds in cellulosic materials are much harder to break by normal methods than the bonds in the corn itself.
When I hear the name Vinod Khosla three things immediately come to mind - lots and lots of money, Sun Microsystems and ethanol. If you're not familiar with Mr. Khosla, the first thing you need to grasp is that he's one of Silicon Valley's most influential people. In 1982, he co-founded Sun Microsystems. In 1986, he became a partner at one of the Valley's largest venture capital firms. And in 2004, he went off on his own to start Khosla Ventures. So why do we keep talking about him on AutoblogGre
Mascoma Corp., a company solely focused on converting cellulosic biomass to ethanol, announced last week that a new partnership with Dartmouth College will bring commercial production of cellulosic ethanol one step closer. The partnership gives Mascoma access to several of Dartmouth's patents, and is not too surprising, considering the history of Mascoma's co-founder. Dartmouth Engineering professor Lee Lynd (pictured), is an expert in microbial cellulose conversion and a cellulosic ethanol prod
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