Plans for a revolutionary cellulosic ethanol plant have just been unveiled by Mascoma Corporation in what will be the first commercial factory of its kind in the United States.
Set to be built in Michigan this year, over $350 million has already been invested, with other eager contributors that include General Motors and the government. The cellulosic ethanol plant will be the first of what is expected to be a huge market in the coming years, particularly given the fact that a new EPA ruling makes it obligatory for major gasoline companies to include a minimum of 6 million gallons of the substance in their annual fuel production.
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