DECATUR, Ill., April 16 /PRNewswire-FirstCall/ -- A joint BioEnergy
project of Archer Daniels Midland Company (NYSE: ADM) and Purdue University
has been selected to receive funding by the U.S. Department of Energy to
further the commercialization of cellulosic ethanol. Specifically, the
Purdue-ADM project is focused on commercializing the use of
highly-efficient yeast which converts cellulosic materials into ethanol
through fermentation.
"As the global leader in BioEnergy, we are able to leverage our biofuel
production and agricultural processing expertise to advance the development
of cost-efficient processing technologies, including those that will turn
cellulosic materials into ethanol and other co-products," stated Tom
Binder, President-ADM Research.
"One of our goals is to reduce the cost of the process and make it
applicable for commercial production," said Nancy Ho, the principal
investigator and a researcher in Purdue's Laboratory of Renewable Resources
Engineering (LORRE).
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