Technology Review: Sawdust to gasoline, on Anellotech’s catalytic process
The March 29 edition of MIT’s Technology Review features a young company that plans to commercialize a catalytic process for converting cellulosic biomass, such as sawdust, into five of the chemicals in gasoline. The same chemicals are used to make industrial polymers and solvents, the article by Katherine Bourzac reported.
Spun out of the University of Massachusetts, Amherst, Anellotech is looking for venture capital and is hoping to build a pilot plant in 2011.
According to Anellotech CEO David Sudolsky, the global market for the five chemicals is $80 billion a year and growing at a rate of 4 percent a year.
“We're targeting to compete with oil priced at $60 a barrel, assuming no tax credits or subsidies," he told Technology Review.
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