SOURCE: DDCE

DDCE

June 22, 2010 13:00 ET

DDCE Tells U.S. House Committee on Agriculture That Policy Will Drive Significant Private Investment in 2nd Generation Ethanol

DuPont Danisco Cellulosic Ethanol's Feedstock Director Presents at Energy Forum

WASHINGTON, D.C.--(Marketwire - June 22, 2010) -   DuPont Danisco Cellulosic Ethanol (DDCE) delivered a clear message at the U.S. House Committee on Agriculture's "Energy Forum": effective, sustained government policy will drive major private investment in commercial production of cellulosic ethanol. Cellulosic ethanol is fuel produced from crop residues, including corn stover, and bioenergy crops, such as switchgrass. 

"DDCE is looking beyond the first commercial biorefinery, which we're already planning, to the next 50 or 100 plants, and building a prosperous industry for the future," said Kyle Althoff, DDCE's feedstock director. "DDCE sees tremendous commercial interest. However, U.S. policy, including incentives to farmers and investors, must be clear, consistent, and sustained to encourage early adopters. We're fully prepared to work closely with U.S. policymakers to create effective policies that leverage private sector investment to help meet the nation's energy security and rural development goals."

DDCE has made rapid progress, including the startup of operations at its 250,000 gallon demonstration-scale biorefinery in Tennessee, and lowering the cost of production below $2 per gallon. Later this year, DDCE intends to announce its first commercial facility to convert corn stover to fuel-grade ethanol, followed by a second biorefinery for switchgrass. The company will provide commercial licenses for its proprietary technology and engineering packages.

"Cellulosic ethanol is an advanced liquid biofuel that's ready for deployment. Let's move forward together to build a whole new industry that opens sustainable economic opportunities for farmers, agriculture, businesses, and the nation," Althoff said. "Our goal is for DDCE technology to enable low-cost production of cellulosic ethanol that eventually competes with gasoline without subsidies." He joined other members of the biofuels industry who presented on the second day of the Energy Forum. The House Ag Committee establishes U.S. farm policy for agriculture and rural America.

About DDCE
DuPont Danisco Cellulosic Ethanol LLC (DDCE), based in Itasca, Ill., is dedicated to developing and delivering safe, low-cost comprehensive solutions for cellulosic ethanol production, thereby contributing to energy security, rural and national economic development and a low-carbon transportation fuel supply For more information, visit www.ddce.com.

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