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November 18, 2009

Getting closer to commercialization of cellulosic ethanol

Today, on the one-year anniversary of the start-up of our pilot plant, POET announced that we have reduced the cost of producing cellulosic ethanol from $4.13 to $2.35. The goal is to be below $2 by the time Project LIBERTY starts up.

Check out a video of Dr. Mark Stowers, Senior Vice President of Science & Technology for POET, explaining how we've reduced costs:

The story was picked up Green Car Congress, the Washington Post and many more.

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