Company Plans to Build Cellulosic Ethanol Plant in Georgia

July 26, 2006

Xethanol Corporation announced on July 20th that it plans to build a full-scale cellulosic ethanol plant in Augusta, Georgia, by mid-2007. The company is in the process of purchasing a manufacturing complex from Pfizer pharmaceutical company to serve as the site for the new plant, which will be able to produce 50 million gallons of ethanol per year from forest products. PRAJ Technology, an India-based leader in ethanol technology, will provide detailed engineering services, process design, and licensing for the plant, and will also supply vital sections of the process plant. Xethanol has also retained The Facility Group to act as the engineering, procurement, and construction contractor for the new plant. The company is in the process of securing enough feedstock from the forest products industry to allow the plant to operate at full capacity when it starts producing ethanol next year. See the Xethanol press release.