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Range Fuels get $130m investment for cellulosic ethanol

The flow of cash into cellulosic ethanol is accelerating with Range Fuels being the latest start-up to get an infusion. The Broomfield, Colo. company has received a $130 million round of venture funding. Most of the money will be used for construction of a waste wood to ethanol production facility in Soperton, GA. This follows an investment earlier this year by General Motors in Illinois-based Coskata. The Range Fuels process uses a thermo-chemical reaction with heat, pressure and steam to produce a syngas from cellulosic biomass. The syngas ... Read more →

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