Chemtex and Fulcrum secure USDA loan guarantees

Last week, cellulosic ethanol player Chemtex secured a $99 million loan guarantee from the U.S. Department of Agriculture (USDA) for a 20 MGY facility in North Carolina. Chemtex plans to begin construction in 2012, and the facility is expected to open in 2014, converting energy grasses and ag waste ...

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