Verenium and BP name their partnership Vercipia, aim for DOE loan guarantee on Florida project

Biofuels Digest
July 30, 2009

In Massachusetts, BP and Verenium announced that its 50-50 joint venture company will operate under the name Vercipia Biofuels, and plan to relocate its corporate headquarters to Florida. Vercipia continues to focus on the development of one of the nation’s first commercial-scale cellulosic ethanol facilities, located in Highlands County, Florida.

The company is also developing a second commercial-scale cellulosic ethanol site in the Gulf Coast region.

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