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Virent Energy Systems, a biofuel company based in Madison, Wisconsin, has received a Presidential Green Chemistry Challenge award for its low-energy water-based process for producing fuels. Using its proprietary BioForming process that uses nearly zero outside energy other than what's generated by the fermentation process, Virent's can generate the same range of hydrocarbon molecules now refined from petroleum. That means the same process can create gasoline, diesel or jet fuel from nearly any c

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