Monday, May 29, 2006

When Big Ethanol comes a calling

Now that the U.S and Canada are mandating ethanol blends, there is an instant market for ethanol. But that's not enough for Iogen. They got flowers, dinner and a they want jewelry.

OTTAWA -- Canada's Iogen Corp. is the best in the world at converting plant fibre into ethanol -- today's hot alternative fuel -- but the biotechnology leader could end up building its first commercial-scale operation in the United States if Ottawa doesn't match support offered by Washington.

"Right now the United States has laid out a very attractive, five-course banquet," said Jeff Passmore, executive vice-president of Ottawa-based Iogen.

Hey Passmore, how about some mac and cheese?

CTF You Tube Channel

Canadian Taxpayers Federation's Fan Box