AltraBiofuels creates cellulosic ethanol company

California-based ethanol producer AltraBiofuels Inc. has created a research and development venture called Edeniq, which will focus on cellulosic 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 take over as CEO of the parent company. AltraBiofuels operates two 100 MMgy corn-based ethanol plants in Ohio and Indiana.

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