Joint ADM and Purdue University Cellulosic Ethanol Project Selected for Funding by U.S. Department of Energy and VeraSun Dims on Analyst Downgrade.

0 Comments | M2 Presswire, April, 2007

M2 PRESSWIRE-17 April 2007-U.S. Equity News: Joint ADM and Purdue University Cellulosic Ethanol Project Selected for Funding by U.S. Department of Energy and VeraSun Dims on Analyst Downgrade(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:17042007 City of Industry, CA - Ethanol industry alert provided by U.S.

Equity News. A joint BioEnergy project of Archer Daniels Midland Company (NYSE: ADM) and Purdue University has been selected to receive funding by the U.S. Department of Energy to further the commercialization of cellulosic ethanol. Specifically, the Purdue-ADM project is focused on commercializing the use of highly-efficient yeast which converts cellulosic materials into ethanol through fermentation. US Farms, Inc. (OTC BB:USFI) recently announced unaudited...

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