The Canadian company Iogen, a pioneer in producing cellulose ethanol, has announced that Goldman Sachs will invest 30 million Canadian dollars in this technology. Iogen runs the only plant in Ottawa to manufacture cellulose ethanol, though currently only as a demonstration project. Together with Shell and Volkswagen, Iogen is also looking into the economic viability of setting up a cellulose ethanol production plant in Germany. (via GAVE)
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