DuPont Danisco And UTBI Invests $50 Million For Vonore Bioethanol Plant In U.S.

Published: Feb 01 2010
Deal Summary

DuPont Danisco Cellulosic Ethanol, LLC, a company engaged in development and commercialization of low-cost technology solution for the production of cellulosic ethanol and The University of Tennessee Biofuels Initiative, completed the investment of approximately $50 million for the construction of cellulosic ethanol demonstration facilities, located in Vonore, Tennessee, United States. The project has a total capacity to produce 250,000 gallons of ethanol annually.

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