Monday, August 21, 2006

XETHANOL converting fiberboard plant to produce cellulosic ethanol

XETHANOL CORP.: "The company, presently known as Carolina Fiberboard, will become a wholly owned subsidiary of BlueRidge and change its name to Spring Hope BioFuels, LLC. It is believed that this plant may well become the first commercial-scale cellulose ethanol plant to come on line in the US... It is anticipated that, after retrofitting the plant to produce ethanol, production will reach 5 million gallons per year in approximately 6 months and then progress rapidly to capacity. The primary feedstock of local hardwood chips and wood waste has already been established. "

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