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DOE announces biomass investments

In late February, the U.S. DOE announced plans to invest up to $33.8 million in four projects developing improved enzyme systems that will convert cellulosic material into sugars suitable for biofuels production. Funding will be dispersed through 2011 and, combined with industry cost share, could result in more than $70 million in project investments.

The companies selected for funding are DSM Innovation Center Inc. in Parsippany, N.J.; Genencor, a division of Danisco USA Inc., in Palo Alto, Calif.; Novozymes Inc. in Davis, Calif.; and Verenium Corp. in San Diego.
 

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