Biotech Updates

Renmatix Acquires former Mascoma Production Unit

May 13, 2015
http://www.ethanolproducer.com/articles/12197/renmatix-acquires-former-mascoma-production-unit

Renmatix Inc., the global leader in affordable cellulosic sugars for renewable chemicals and fuels markets, announced its acquisition of the former Mascoma Corp.'s 56,000 square foot manufacturing facility in Rome, New York.

The new feedstock processing facility will be dedicated to the first step in conversion to cellulosic sugar using Plantrose process conditions. This move creates a secure supply for Renmatix and its development partners at the IPC in Kennesaw, Georgia, where the second step in production of Plantro sugars is performed.

"The opportunity to acquire the former Mascoma location and equipment allows us to economically utilize a broad range of biomass, and further optimize the operating conditions in our Plantrose process. This new equipment in our Rome location gives us increased flexibility and quality control that can be applied across multiple feedstocks,"said Mike Hamilton, the CEO of Renmatix.