Indiana Biofuel Firm Gets Ethanol Licensing Deal
A Purdue University based company has struck a deal with Danish and Chinese firms giving them access to a product that has been patented to make it easier to turn grasses, wood chips and agricultural wastes into ethanol. Green Tech America Inc. signed the agreement in Beijing with the COFCO Corp. and Novozymes A/S in Denmark.
The agreement will allow the two firms to use the Indiana company’s patented yeast product to produce cellulosic ethanol in their China plants. The yeast product increases the efficiency of producing ethanol from grasses, wood chips, corn stalks and other agricultural wastes. The product was developed by the Purdue team under the leadership of Nancy W. Y. Ho, founder of Green Tech America and a Purdue chemical engineering researcher.