Cellulosic ethanol company says test facility using wood chips and grasses is producing at a rate of 200,000 gallons a year, a step toward commercialization.
To "get ahead of" future challenges brought by capital market turmoil, second-generation ethanol company lays off president and other executives in an effort to preserve cash.
Refining giant and automobile mainstay invest in Mascoma's ethanol-making microbes, part of $61 million in third-round funding for the clean-tech start-up.
The ethanol maker, trying to move toward commercial-scale plants, raises an additional $50 million, according to report.
One of the darlings of cellulosic ethanol is breaking ground on its plant.
Cellulosic ethanol specialist start-up to build plants in Michigan, New York and Tennessee, with plans to experiment with different feedstocks.
Konarka to make 1 gigawatt of plastic solar cells a year, Mascoma to make ethanol from Michigan wood chips, environmentalists chided for not understanding business, off-shore wind moves ahead in Oregon, the Tango electric mini car, clean tech job creation
Mascoma and investor Valero plant to build a $232 million plant to convert wood chips normally used for paper or lumber into ethanol, a step forward for the struggling cellulosic ethanol industry.
Mascoma gets up to $50 million from oil refiner Valero Energy to build and use cellulosic ethanol from biorefinery in Michigan.