September 11, 2013

Green Biologics buys ethanol plant

Commercialization of cellulosic n-butanol is bubbling near the surface as the Brazil-based partnership Granbio/Rhodia recently recently announced plans to build the world's first biomass-based n-butanol plant in Brazil that will start in 2015, while UK-based Green Biologics announced yesterday its planned acquisitions of all of Central MN Ethanol Co-op's (CMEC) assets in Little Falls, Minnesota.

The CMEC- Green Biologics transaction is expected to close in 2014. If they're fast enough in closing the deal, Green Biologics could catch up with Granbio/Rhodia on who's going to build the world's first biomass-based n-butanol plant.

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