Gulf Ethanol Corporation has announced that as a result of rising corn costs the profit margin of the company's traditional ethanol plants is dropping and that it will begin retrofitting the unprofitable plants to produce fuel using cellulose feedstocks in 2008.
"The economics of cellulosic ethanol production are compelling. As smaller nations seeking energy independence have abundant biomass that can be used to produce cellulosic ethanol. Cellulosic ethanol will reduce fuel costs, support environmental concerns, and reduce energy dependence."--JT Cloud, President, Gulf Ethanol
Officials from Gulf Ethanol will also meet this month with several Central American ethanol producers to negotiate the conversion of existing plants in that region to be compatible with cellulosic feedstocks. Gulf will provide the technology, engineering and installation of cellulosic technology to the plant owners and will share in the profits of each plant.“The economics of cellulosic ethanol production are compelling,” Cloud said. “As smaller nations seeking energy independence have abundant biomass that can be used to produce cellulosic ethanol. Cellulosic ethanol will reduce fuel costs, support environmental concerns, and reduce energy dependence.”
Converting cellusose into ethanol is the most promising and environmentally friendly technology that producing ethanol from food crops like corn and sugar beet. It has a great potential for India as it produces huge amount of agro wates like rice straws etc. which can be used for producing ethanol.
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