Taurus Energy, Lallemand announce agreement

By Lallemand Biofuels & Distilled Spirits | May 20, 2015

Lund, Sweden-based Taurus Energy AB and Canadian-based Lallemand have signed an agreement for collaboration with respect to the development, marketing, sale and licensing of Taurus' Gen 2 XyloFerm yeast platform on the U.S. market.

"It has been our goal from the beginning to license our yeast technology globally," says LarsWelin, CEO of Taurus Energy AB. "Partnering with Lallemand with its vast experience in production and distribution is a perfect fit for us. It will give us a new foothold in the all important U.S. market with our Gen 2 technology.”

Commercially available (cellulose) ethanol would help the U.S. market to meet its climate goals, generate economic growth in the agriculture and technology sectors, and provide an additional hedge against volatile oil prices. Development of cellulosic ethanol technology has taken longer than policy makers hoped. But the pace of innovation has been impressive nonetheless, and the first commercial facilities are now up and running—thanks to a large part to the engagement of the corn ethanol industry.

"The road to commercialization for cellulosic ethanol is still filled with challenges,” adds Angus Ballard, president of Lallemand Biofuels & Distilled Spirits, "but it is meeting and solving those challenges that are crucial for the future of the whole ethanol industry. We are pleased to welcome the valuable experience from Taurus Energy and to add its XyloFerm products to our yeast portfolio.”