Royal Nedalco partners with Mascoma for cellulose ethanol

The objective of this technology partnership is to license Nedalco‘s
yeast-based technology for use in Mascoma‘s
recently announced demonstration plant and for use in future Mascoma commercial
plants, and to explore collaborative research efforts to accelerate production
of second generation bioethanol.

The companies expect to exchange related
know how and to engage in specific joint research programs to develop
lignocellulosic ethanol from agricultural side streams, such as straw and wood
waste.

Royal Nedalco has a strong international technology and patent
position in the production of ethanol from lignocellulosic ethanol. The company
has developed a new fermentation process, using modified yeasts capable of
converting all kinds of lignocellulosic biomass, including straw and wood waste,
into ethanol.

Nedalco recently unfolded its plans to build a second
generation lignocellulosic ethanol plant in the Netherlands, which will be
operational in the second half of 2008.

Mascoma Corporation is leading
the development of bio and process technology for cost-effective conversion of
lignocellulosic biomass in the United States and is completing designs and
partnerships to build and operate commercial cellulosic ethanol plants using
both internally developed and licensed technology across multiple biomass
feedstocks.