Canadian company nixes Idaho for cellulosic ethanol plant

A Canadian biotechnology company has decided to build a cellulosic ethanol plant in Saskatchewan, rather than southeast Idaho.

Iogen Corp. on Wednesday said it has suspended its operations in Idaho.

For the last two years, Iogen had leaned toward building a cellulosic ethanol facility near Shelley, near where farmers already are under contract to provide the wheat and barley straw, corn leaves and stalks, and switch grass used to produce ethanol.

A U.S. Department of Energy spending package included loan guarantees and an $80 million grant for the project, estimated in 2006 to cost up to $350 million.

Full Story: http://www.magicvalley.com/articles/2008/05/09/ap-state-id/d90hnvd00.txt