Japanese firms to develop cellulosic ethanol
The consortium has set the target of producing 250,000 kilolitres (1.6 million barrels) of ethanol by March 2014, at 40 yen (€0.03) per litre (about €54 a barrel) by 2015.
The other firms in the project are Mitsubishi Heavy Industries, Toray Industries, Kajima and Sapporo Engineering, a wholly-owned subsidiary of Sapporo Breweries.
The cellulosic ethanol is expected to be made from woody matter, grasses, fast-growing trees, plant and timber waste.