Ind. biofuel firm reaches ethanol licensing deal

Chicago Tribune
Associated Press
12:02 a.m. CDT, May 27, 2010

WEST LAFAYETTE, Ind--A Purdue University-based company has reached a deal giving Chinese and Danish firms access to a patented product that makes it easier to turn wood chips, grasses and other agricultural wastes into ethanol.

Green Tech America Inc. signed a licensing agreement Wednesday in Beijing with China's COFCO Corp. and Denmark's Novozymes A/S. The deal allows those two firms to use the Indiana company's patented yeast product to make cellulosic ethanol in their plants in China.

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