Neogen® Releases CelluSmart Technology for Biofuel Industry [Yahoo! Finance]
Neogen Corporation (NEOG)
Last neogen corporation earnings: 3/24 08:45 am
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Source: Yahoo! Finance
it has launched the new CelluSmart technology from Megazyme ® by Neogen for the measurement of cellulosic ethanol from biofuel production. In creating this industry-first technology, Neogen improved upon the previous National Renewable Energy Laboratory (NREL) procedure, introducing a yeast-degrading cocktail (YDC). With these improvements, CelluSmart allows the ethanol industry to fully realize its efforts to produce low-carbon fuels, represented in value by the D3 RINs generated from in-situ production. Cellulosic ethanol represents a 60% reduction in greenhouse gas emissions from standard petroleum-based fuel and helps progress toward climate goals. The CelluSmart technology has the potential to help ethanol producers further reduce carbon intensity scores, which, in combination with other factors, may help them gain access to new markets, including sustainable aviation fuel. "The ethanol industry is a success story in providing low-carbon renewable energy," said John Adent ,
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NEOG
Earnings
- 4/9/24 - Miss
NEOG
Sec Filings
- 6/4/24 - Form 8-K
- 5/29/24 - Form SD
- 5/3/24 - Form 4/A
- NEOG's page on the SEC website