MILWAUKEE, Wis. and LEBANON, N.H.--(BUSINESS WIRE)--Lallemand Ethanol Technology, a global provider of fermentation ingredients to the fuel ethanol industry, and Mascoma Corporation, a renewable fuels company, today announced that the Mascoma Grain Technology, or MGT™, yeast product will be marketed under the commercial name TransFerm™ for use by the fuel ethanol industry.
TransFerm™, which is the first commercial application of Mascoma’s proprietary consolidated bioprocessing (CBP) technology platform, is a bioengineered drop-in substitute for conventional fermenting yeast that lowers costs for corn ethanol producers by alleviating the need to purchase a significant amount of the expensive enzymes currently used in corn ethanol production. TransFerm™, which is currently commercially available, is manufactured and distributed by Lallemand and jointly marketed and sold by Mascoma and Lallemand through an exclusive partnership. TransFerm™ has been used in the production of over an estimated 50 million gallons of ethanol in both commercial use and commercial-scale trials by nine corn ethanol producers.
“The ability of TransFerm™ to enhance ethanol production, combined with the complementary capabilities of our two companies, positions us for a successful commercial launch of this product,” stated Bill Nankervis, President of Lallemand’s Specialty Division.
“We are well positioned to continue the successful commercialization of TransFerm™ and transform enzyme delivery in first generation ethanol,” stated Bill Brady, President and CEO of Mascoma. “The commercial agreements we have in place with ethanol producers, as well as the commercial-scale trials already underway provide us with a strong foundation from which to grow.”
Lallemand Ethanol Technology and Mascoma representatives will be available to answer questions about this new yeast product at Booth #623 of the 2012 International Fuel Ethanol Workshop in Minneapolis, MN. In addition, representatives from both companies will be conducting an informational seminar in Room 205, Level 2 of the Minneapolis Convention Center on June 5th at 10:30 am. For additional information on TransFerm™, see the Lallemand Ethanol Technology web site, www.ethanoltech.com for more details.
About Lallemand Ethanol Technology
Lallemand Ethanol Technology (LET) is a business unit of the Canadian yeast and bacteria producer Lallemand, Inc. Based in Milwaukee, WI, Lallemand Ethanol Technology is the leading supplier of fermentation ingredients and value creating services to the global fuel ethanol and distilled beverage alcohol markets. For more information on LET, please visit www.ethanoltech.com.
Mascoma Corporation is a renewable fuels company that has developed innovative technology for the low-cost conversion of abundant biomass. Using its proprietary consolidated bioprocessing, or CBP, technology platform, Mascoma has developed bioengineered yeasts and other microorganisms to reduce costs and improve yields in the production of renewable fuels and chemicals. Mascoma’s first commercial application of its CBP technology is its Mascoma Grain Technology, or MGT™, yeast product, which is a drop-in substitute for existing yeasts designed to improve the economics of corn-based ethanol production. Mascoma is pursuing other commercial applications of its CBP technology and is working with collaborators to develop and construct commercial scale facilities to convert hardwood pulpwood to cellulosic ethanol.
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