IBJNews

Indianapolis-based Xylogenics licenses yeast strain to ethanol producer

Back to TopCommentsE-mailPrintBookmark and Share
On The Beat Industry News In Brief

Indianapolis-based bioengineering firm Xylogenics Inc. has licensed its proprietary yeast strain to a Milwaukee firm that is a supplier to the fuel-ethanol industry. It is the first such licensing agreement for Xylogenics.

Lallemand Ethanol Technology will use Xylogenics’ yeast strain, which is notable in its potential to produce ethanol from cheap, abundant plant matter, such as grasses and the leftover portion of a corn stalk. Most ethanol is made from corn kernels, a food crop whose price has risen with the demand for ethanol.

Xylogenics claims its yeast strain, developed at the Indiana University School of Medicine, can increase yields and lower costs of producing corn ethanol.

Terms of the deal were not disclosed.

“We are confident that our combined strengths will allow us to move quickly to commercialization and make a positive impact on the fuel-ethanol industry economics,” said Mike Neibler, CEO of Xlyogenics.

The ethanol industry is trying to slash production costs to make E85—a mix of 85 percent ethanol and 15 percent gasoline—more competitive with gasoline. The industry is also lobbying federal agencies to permit the blending of a higher percentage of ethanol into ordinary gasoline. Most gasoline is blended with no more than 10 percent ethanol.

The eight-employee Xlyogenics is based at the Indiana University Emerging Technology Center along the Central Canal. It was funded by $150,000 from IU faculty and from the Lugar Center for Renewable Energy. Earlier this year, it lassoed $225,000 from angel investors affiliated with the University of Notre Dame.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Really, taking someone managing the regulation of Alcohol and making himthe President of an IVY Tech regional campus. Does he have an education background?

  2. Jan, great rant. Now how about you review the report and offer rebuttal of the memo. This might be more conducive to civil discourse than a wild rant with no supporting facts. Perhaps some links to support your assertions would be helpful

  3. I've lived in Indianapolis my whole and been to the track 3 times. Once for a Brickyard, once last year on a practice day for Indy 500, and once when I was a high school student to pick up trash for community service. In the past 11 years, I would say while the IMS is a great venue, there are some upgrades that would show that it's changing with the times, just like the city is. First, take out the bleachers and put in individual seats. Kentucky Motor Speedway has individual seats and they look cool. Fix up the restrooms. Add wi-fi. Like others have suggested, look at bringing in concerts leading up to events. Don't just stick with the country music genre. Pop music would work well too I believe. This will attract more young celebrities to the Indy 500 like the kind that go to the Kentucky Derby. Work with Indy Go to increase the frequency of the bus route to the track during high end events. That way people have other options than worrying about where to park and paying for parking. Then after all of this, look at getting night lights. I think the aforementioned strategies are more necessary than night racing at this point in time.

  4. Talking about congestion ANYWHERE in Indianapolis is absolutely laughable. Sure you may have to wait in 5 minutes of traffic to travel down BR avenue during *peak* times. But that is absolutely nothing compared to actual big cities. Indy is way too suburban to have actual congestion problems. So please, never bring up "congestion" as an excuse to avoid development in Indianapolis. If anything, we could use a little more.

  5. Oh wait. Never mind.

ADVERTISEMENT