Mascoma acquires cellulosic ethanol technology

By | January 01, 2008
Mascoma Corp. announced in November the acquisition of Celsys BioFuels Inc., an Indianapolis-based company formed in 2006 to commercialize cellulosic ethanol production technology. Terms of the transaction weren't disclosed at press time. The technology, developed in the Laboratory of Renewable Resources Engineering at Purdue University, is based on proprietary pretreatment processes for multiple biomass feedstocks, including corn fiber and distillers grains. Michael Ladisch, an internationally known leader in renewable fuels and cellulosic biofuels, developed the technology. He will take a two-year leave of absence from Purdue to join Mascoma as the company's chief technology officer.