The US Department of Agriculture’s (USDA) has guaranteed a US$232.5 (€177.291) million loan under the 9003 Biorefinery Assistance Program to ZeaChem Inc. “The USDA loan guarantee is a significant validation for ZeaChem’s highly efficient, economical and flexible biorefinery technology,” said Jim Imbler, president and chief executive officer of ZeaChem. “This commitment allows us to move forward with securing financing, beginning construction, creating jobs in the community, and producing economical and sustainable products for the fuel and chemical industries.” Read more ...
