Joint ADM and Purdue University Cellulosic Ethanol Project Selected for Funding by U.S. Department of Energy : "DECATUR, Ill., April 16 /PRNewswire-FirstCall/ -- A joint BioEnergy
project of Archer Daniels Midland Company (NYSE: ADM) and Purdue University
has been selected to receive funding by the U.S. Department of Energy to
further the commercialization of cellulosic ethanol. Specifically, the
Purdue-ADM project is focused on commercializing the use of
highly-efficient yeast which converts cellulosic materials into ethanol
through fermentation."
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