With this collaboration, DuPont is well-positioned to lead the deployment of cellulosic ethanol at a commercial scale.
Nevada, Iowa (PRWEB) September 17, 2014
DuPont Industrial Biosciences (DuPont) today announced the selection of Murex LLC to market the cellulosic ethanol produced from its 30-million-gallon-per-year plant in Nevada, Iowa. Upon completion, the facility will be the largest cellulosic ethanol plant in the world.
DuPont has made substantial investments in renewable fuels and has committed more than $200 million to the Nevada biorefinery, which will utilize corn stover – the stalks, leaves and cobs left in fields after harvest. Over the last 10 years, DuPont has challenged its top scientists to develop state-of-the-art technology that converts cellulose into renewable fuel.
“Murex is a leading marketer in today’s ethanol market. Its team understands domestic and international ethanol dynamics and can hit the ground running to drive growth in the emerging cellulosic ethanol industry,” said DuPont Cellulosic Ethanol Commercial Leader Steven Ogle. “With this collaboration, DuPont is well-positioned to lead the deployment of cellulosic ethanol at a commercial scale.”
By choosing Murex as its marketing partner, DuPont adds an industry veteran to its team. In addition to Murex’s strong presence in the domestic ethanol market, the company has been the largest exporter of domestically produced ethanol since 2010. Murex was one of the first marketers of advanced Renewable Identification Numbers (RINs) and developed an in-house due diligence program prior to the Quality Assurance Program that allows smaller producers of advanced RINs to deliver their products and RINs to market.
“We are excited to work with an industry leader such as DuPont to bring cellulosic ethanol to market and maximize its value,” said Murex President Robert C. Wright. “I look forward to a successful relationship with the DuPont team.”
DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit http://www.dupont.com.
# # #