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Nevada Cellulosic Ethanol Plant Sold to VERBIO

DuPont facility has been purchased by German biofuels company's U.S. subsidiary

File photo
File photo

The DuPont cellulosic ethanol plant in Nevada has been purchased by a German biofuels company's U.S. subsidiary, reports the Des Moines Register.

VERBIO North America Corp., the Michigan-based subsidiary of VERBIO Vereinigte BioEnergie AG, will purchase the next-generation Iowa ethanol plant and a portion of its corn stover inventory, VERBIO and DuPont said in a joint statement Thursday.

VERBIO plans to install equipment to produce renewable natural gas made from corn stover and other cellulosic crop residue at the site.

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