All Fuels tests enzymes for cellulosic ethanol

By | June 02, 2008
In May, Iowa-based All Fuels & Energy Co. began testing the first of 10 enzymes that its subsidiary AFSE Enzyme LLC has identified for cellulosic ethanol production. All Fuels is proposing a 100 MMgy corn and cellulosic ethanol plant near Manchester, Iowa. The company purchased a 150-acre site there and has secured $2.3 million in private equity financing. It has also brought an investment bank on board to help it look into acquiring and financing an existing ethanol facility.