The two firms signed a memorandum of understanding to "strengthen the credibility" of ethanol made from non-food sources. Terms of the deal call for Chrysler to push the case for cellulosic ethanol with regulators, while ZeaChem will focus on refining its process that uses microbes to convert woody biomass into ethanol. There also seems to be a possibility that Chrysler will buy cellulosic ethanol from ZeaChem.
Saturday, August 20, 2011
Chrysler signs cellulosic ethanol agreement with ZeaChem
The two firms signed a memorandum of understanding to "strengthen the credibility" of ethanol made from non-food sources. Terms of the deal call for Chrysler to push the case for cellulosic ethanol with regulators, while ZeaChem will focus on refining its process that uses microbes to convert woody biomass into ethanol. There also seems to be a possibility that Chrysler will buy cellulosic ethanol from ZeaChem.
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