PEIX...Pacific Ethanol among four companies selected by US Department of Energy to research commercial cellulose technology (PEIX) 5.57 -0.07 : Co announces the U.S. Department of Energy has included Pacific Ethanol in a matching award totaling $24.32 mln to build the first cellulosic ethanol demonstration plant in the Northwest United States. The plant will employ a technology to produce ethanol from wheat straw, wood chips and corn stover and will be co-located at the site of Pacific Ethanol's existing corn-based ethanol facility in Boardman, Oregon. Pacific Ethanol's partners in winning this competitive process are, BioGasol ApS and the Joint BioEnergy Institute.
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