Dec 13, 2010

Zeachem Inc. secures financing for completion of Oregon cellulosic ethanol refinery

Zeachem Inc, a leading developer for producing cellulose-based fuels, has announced that their new biorefinery will be completed on schedule and within their budget. 

The news comes after the company recently secured a guaranteed maximum price (GMP) for the construction of the refinery and a $25 million grant from the US Department of Energy. The new 250,000 gallon facility broke ground this summer in Boardman OR, with fuel grade cellulosic ethanol expected come on-line in 2011.


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