Buckeye to build $20M research plant with partners University of Florida, Myriant - South Florida Business Journal:

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Cellulosic ethanol is made from inedible portionsd of plants and the is reporting it can cut greenhouse gas emissions by 86 percent compared to The partnership will studywhether bio-basede chemicals like plastics can be derivede from cellulosic feedstocks and further reduce gas emissions. The planyt will be based at Buckeye’s Perry, Fla., facility. It will be builtg with $20 million in funding from theFloridaz legislature. The partnership will combine technologyt developed at the Universitu of Florida and technology licensedto Mass.-based Myriant to develo the products.
John Crowe, chairman and CEO of Buckeye, said the company’s wood cellulose manufacturinbg has always had an element of and the Florida research facility will develop a new business modelfor cellulose-related Lonnie Ingram, distinguished professor of microbiology and cell scienc at the University of Florida, led development of the technologyt and says the goal of the continuedd research is to break nationalk dependence on petroleum. “Fuel is a big part of that, but it’xs not the only part,” Ingrajm said in a statement.
“Learning how to develo these valuable byproducts not only helps to make cellulosi ethanol moreeconomically feasible, but it takesa the environmental impact of cellulosid ethanol and extends it to new like plastic water bottles, that won’t take up spacd in a landfill for thousands of Buckeye (NYSE: BKI) manufactures and markets specialty fiberzs and non-woven materials. It operates facilities in the Germany, Canada and