Verenium Corporation
BP and Verenium Announce Vercipia Biofuels to Advance the Commercialization of Cellulosic Ethanol
Published in Health Business Week, August 14th, 2009
BP and Verenium Corporation (NASDAQ:VRNM) announced that its 50-50 joint venture company will operate under the name Vercipia Biofuels, and plan to relocate its corporate headquarters to Florida. Vercipia continues to focus on the development of one of the nation's first commercial-scale cellulosic ethanol facilities, located in Highlands County, Florida. The company is also developing a second commercial-scale cellulosic ethanol site in the Gulf Coast region.
"I continue to be pleased and enthusiastic with the progress our joint venture - Vercipia - has made in only a few short months, and I look forward to a highly productive and successful next two years as we move...
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Source: Health Business Week (2009-08-14)
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