Canadian biofuel plans derailed
Iogen cancels a pioneering facility to turn crop waste into ethanol. A leading biofuels company whose products have powered Formula 1 racing cars has hit a major bump in the road. Canadian company Iogen Energy in Ottawa announced on 30 April that it has shelved plans to build a large-scale facility in Manitoba to produce fuel ethanol from cellulose, the long molecular chain of sugars that forms the fibrous material in plants. Instead, the company will “refocus its strategy and activities”, leading to a smaller development programme and the loss of 150 jobs, its joint owners Royal Dutch Shell and … Read more…