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June 02, 2009
In fact the US is likely to be the company’s first important market given its commitment to wean itself off gasoline. The US energy mandate targets 36 billion gallons of bioethanol fuel by 2022 of which 16 billion must be cellulosic. The desire to achieve energy security is now partnered by the need to stimulate the economy and create jobs. The crisis in the ethanol industry - there have been several high profile failures including Vera Sun - has provided TMO with an opportunity to market its...
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