RE: Lignol to sell biofuel in 2012I was just about to post the same thing TheRock. I think that is great news.
Previously they were targetting 2013 to contruct a commercial biorefinery. Looks as though this new outlook is taking into consideration the quicker path to commercialization thru commercial partnership instead of using DOE funding to contruct a pilot-scale commercial plant as they stated in their July 15 news.
For production of a commercial scale plant to be expedited in this manner and to target 2012 as the year for actual production and selling of biofuel (ethanol), it has to show how confident Lignol and its partners are in getting this project off the R&D ground and into full production. Sound quite bullish moving forward IMO. atb
This from the July 15 news:
" Leveraging the benefits of the pilot-scale biorefinery eliminates the need for a capital intensive, demonstration-scale plant and is expected to result in faster development of Lignol's first commercial project."