AltraBiofuels creates cellulosic ethanol company

By | June 02, 2008
California-based ethanol producer AltraBiofuels Inc. has created a research and development venture called Edeniq, which will focus on cellulosic ethanol technology development and licensing. Larry Gross, former chief executive officer of AltraBiofuels, will lead the new company. Kenneth DeCubellis, AltraBiofuels' vice president of business development and commercial operations, will be CEO of the parent company. AltraBiofuels' first 100 MMgy corn-based ethanol plant in Coshocton, Ohio, came on line in February. The company said production began at its second corn-based plant in Cloverdale, Ind., in May. A third plant in Nebraska has been put on hold indefinitely.