Iogen gets federal OK for $500 million cellulosic ethanol plant in Saskatchewan

March 17, 2008

In Canada, the federal government has approved a $500 million cellulosic ethanol project plan by Iogen Corp for construction in Saskatchewan. Iogen execs said that they hoped to launch the 23 Mgy plant north of Saskatoon by 2011, using wheat straw and other cellulose as feedstock.  Iogen is backed in the venture by Shell, Goldman Sachs and Petro Canada.

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