Date: February 6, 2008
Source: News Room
General Motors announced that half its U.S. vehicle volume will run on ethanol by 2012. The company has partnered with Warrenville, Ill.-based Coskata Inc. which is building its first ethanol plant slated to open in late 2010. That plant and another which will be announced soon are based on an engineering process developed by ICM Inc. which is currently employed in over half of all U.S. ethanol production. Coskata said it will be able to mass-produce ethanol at the plant for less than $1 per gallon using a process that converts feedstock, biomass, agricultural waste or municipal solid waste to ethanol.
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