Mascoma receives top ranking from Lux Research among biofuels companies on Innovation Grid that predicts which companies are poised to succeed as market matures

Pauline Vu

Pauline Vu

LEBANON, New Hampshire , February 16, 2010 (press release) – Mascoma Corporation today announced its favorable position atop the biofuels landscape according to a Lux Research Inc. report issued this month. Mascoma received top honors from the Lux report: Ranking Biofuel Startups on the Lux Innovation Grid, which analyzes a number of key criteria to indicate which companies are more likely to succeed as the market matures.

"We are proud to be considered a top biofuels company by Lux. This distinction validates our efforts to be a leader in the growing cellulosic ethanol industry," said William J. Brady, CEO of Mascoma. "Coupled with this award, our strong financial backing and proven technology breakthroughs in Consolidated Bioprocessing emphasize that we are ahead of the pack on the road to commercialization."

The Lux Innovation Grid distinguishes and predicts which segments of the biofuels market are likely to succeed based on selective criteria including revenue per employee, patents, performance metrics, production capacity and other data.

In December 2009, and for the second year in a row, Mascoma was announced as one of the top ten Hottest Companies in Bioenergy according to Biofuels Digest. The list recognizes innovation and achievement in bioenergy development.

About Mascoma

Mascoma Corporation is an innovative biofuels company committed to developing environmentally sustainable, low cost, low carbon biofuels from cellulosic biomass. The company's Consolidated Bioprocessing method converts non-food biomass feedstocks into cellulosic ethanol through the use of a proprietary process that eliminates the need for costly enzymes and additives. The company's corporate office and R&D laboratories are based in Lebanon, New Hampshire. Mascoma is producing cellulosic ethanol on a demonstration scale at its facility in Rome, New York. Its affiliate, Frontier Renewable Resources LLC is developing a commercial scale production facility in Kinross, Michigan. For more information, visit www.mascoma.com.

BW-image© 2024 Business Wire, Inc., All rights reserved.

Share:

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.