Remove 2008 Remove Conversion Remove Financing Remove Iowa
article thumbnail

USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

Green Car Congress

Cool Planet has devised a biomass-to-liquids thermochemical conversion process that simultaneously produces liquid fuels and sequesterable biochar useful as a soil amendment. One of the catalytic conversion processes creates the high-octane gasoline blendstock. Earlier post.). Earlier post.).

article thumbnail

DSM and POET form major JV for cellulosic bioethanol; POET to decline $105M DOE loan guarantee

Green Car Congress

In light of its joint venture with DSM, POET said it will not utilize the loan guarantee it was awarded by the US Department of Energy (DOE) on 23 September 2011 to finance Project LIBERTY. In November, 2008, the company started operating a cellulosic bio-ethanol pilot plant at its research center in Scotland, South Dakota.