Verenium Corporation (Nasdaq: VRNM), a developer of cellulosic ethanol and high-performance specialty enzymes, announced that it has begun the commissioning phase at its demonstration-scale cellulosic ethanol facility in Jennings, Louisiana.
Start-up activities will continue as the facility transitions into a comprehensive commissioning phase allowing the company to evaluate its process for making ethanol at scale and validate cost and performance assumptions to prepare for the development of its first series of commercial plants.
This phase puts Verenium on track for its goal of beginning construction in the middle of next year on a 30 million-gallon-per-year commercial plant located in the southeastern United States.
"This is a major step forward and a transformational moment for Verenium and the next-generation ethanol industry as we seek commercially-viable alternatives to traditional fuel sources," said Carlos A. Riva, President and CEO of Verenium.
Verenium’s demonstration-scale plant in Jennings is rated to produce 1.4 million-gallons-per-year of cellulosic ethanol that uses specialty enzymes and the Company’s proprietary technology to convert non-food biomass.
About Verenium
Verenium Corporation is a leader in the development and commercialization of next-generation cellulosic ethanol, an environmentally-friendly and renewable transportation fuel, as well as high-performance specialty enzymes for applications within the alternative fuels, specialty industrial processes, and animal nutrition and health markets. The company possesses integrated, end-to-end capabilities in pre-treatment, novel enzyme development, fermentation, engineering, and project development and is moving rapidly to commercialize its proprietary technology for the production of ethanol from a wide array of cellulosic feedstocks, including dedicated energy crops, sugarcane bagasse, agricultural waste, and wood products. In addition to the vast potential for biofuels, a multitude of large-scale industrial opportunities exist for the company relating to products derived from the production of low-cost, biomass-derived sugars.
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