Xethanol Researchers Report Significant Increases in Cellulosic Ethanol Production Rates at Test Lab
15 Janeiro 2008 - 11:30AM
Business Wire
Xethanol Corporation (AMEX: XNL), a renewable energy company, has
announced that its latest laboratory research results show
significant increases in the rate of cellulosic ethanol production.
Researchers working at the Forest Products Laboratory of the US
Department of Agriculture in Madison, Wisconsin are developing
technology to reduce the net cost of renewable fuel made from wood
and agricultural residue. Dr. Thomas Jeffries leads that effort.
Dr. Jeffries reports that research sponsored by Xethanol �has
improved the rate of ethanol production from xylose wood sugar by
22% and has increased the ethanol yield by 11% as compared to the
control strain of yeast.� David Ames, President and CEO of
Xethanol, commented, �This is more evidence our research and
technology strategy is taking the company in the right direction �
potentially reducing the cost of making ethanol from non-corn
sources, and helping our country cut its dependence on foreign
oil�. U.S. Forest Service Chief Abigail Kimbell said, �We are proud
of the work of Dr. Jeffries at our Forest Products Laboratory.
Improving production of biofuels from woody materials is an
important goal for the Forest Service and continues a long
tradition of biomass utilization research. Improved efficiency in
converting woody biomass to energy provides additional
opportunities for stewardship of both public and private forested
lands by making more efficient use of materials generated from
forest management activities.� The mission of the Forest Service is
to sustain the health, diversity, and productivity of the Nation�s
forests and grasslands to meet the needs of present and future
generations. Established in 1910 by the U.S. Department of
Agriculture Forest Service, the Forest Products Laboratory (FPL) in
Madison Wisconsin serves the public as the nation's leading wood
research institute. FPL is recognized both nationally and
internationally as an unbiased technical authority on wood science
and use. Xethanol is focusing on opportunities in renewable energy
and clean technology, including biomass gasification for
electricity production, wind power, solar power, energy storage,
energy infrastructure, energy efficiency, waste recycling and
agricultural processes. These sectors aim to provide profitable
solutions to global challenges. Xethanol�s portfolio contains a
number of patents and research agreements. These agreements include
scientific research arrangements with some of the nation�s leading
institutions, including the National Renewable Energy Lab in
Golden, Colorado; Virginia Tech in Blacksburg, Virginia; the USDA
Agricultural Research Service in Winter Haven, Florida; and the
Energy and Environmental Research Lab in Grand Forks, North Dakota.
About Xethanol Corporation Xethanol Corporation is a renewable
energy company focused on alternate energy products and
technologies as well as producing ethanol and other co-products.
For more information about Xethanol, please visit its website at
http://www.xethanol.com. Forward Looking Statements Some of the
statements made in this press release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are based on management�s current expectations and
include known and unknown risks, uncertainties and other factors,
many of which the company is unable to predict or control, that may
cause the company�s actual results or performance to differ
materially from any future results or performance expressed or
implied by such forward-looking statements. These statements
involve risks and uncertainties, including risks and uncertainties
associated with the company�s business strategy and research
projects, including whether the projects will produce the
anticipated results, and whether the company�s technology assets
will prove to be valuable. These risks and uncertainties are in
addition to other factors detailed from time to time in the
company�s filings with the SEC, including the section entitled
�Risk Factors� in its annual report on Form 10-KSB for the year
ended December 31, 2006, as amended. The company cautions investors
that any forward-looking statements made by the company are not
necessarily indicative of future performance. The company is not
responsible for updating the information contained in this press
release beyond the published date, or for changes made to this
document by wire services or Internet services.
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