Valero Dumps Cellulosic Ethanol Project
- 08/21/2013
- AEA
- Products and Power, Renewable Fuel Standard
A company that received lavish subsidies to build a cellulosic ethanol plant in Michigan recently lost a major private-sector investor. Mascoma Corp.[i] must now look elsewhere for funding its ethanol facility in Kinross, Michigan, after news that Valero Energy Corp. is withdrawing its $50 million dollar investment. Mascoma, a New Hampshire-based renewable fuels company, received […]