The information in these news pages is accurate or current only as of the date of the particular press release or posting. FRR does not update press releases once they have been made public. Press releases may contain forward-looking statements. Actual results could vary dramatically as a result of known and unknown risks and uncertainties.
12/09/2011 – Frontier Renewable Resources and Valero Establish Joint Venture for Commercial-Scale Hardwood Cellulosic Ethanol Facility in Kinross, MI
LEBANON, NEW HAMPSHIRE – Mascoma Corporation, through its subsidiary Frontier Renewable Resources, LLC, has entered into definitive agreements with Valero Energy Corporation, the nation’s largest independent oil refiner and a leading ethanol producer, to develop and operate a first-of-its-kind commercial-scale cellulosic ethanol facility in Kinross, Michigan. The facility will use Mascoma’s proprietary consolidated bioprocessing technology platform to convert hardwood pulpwood into 20 million gallons of ethanol per year initially. Construction is expected to commence within the next three to six months and cost an estimated $232 million to complete. These costs are fully funded, with Valero providing the majority of the financing, and the remainder from awards by the U.S. Department of Energy and the State of Michigan. Frontier Renewable Resources is jointly owned by Mascoma, based in Lebanon, New Hampshire, and J.M. Longyear, LLC, based in Marquette, Michigan. (Download & Read Entire Article)
07/07/11 – Frontier Kinross Biorefinery Receives Modified Permit to Install and NEPA Determination
KINROSS TOWNSHIP, MI – On June 30, 2011, the Air Quality Division of the Michigan Department of Environmental Quality informed Frontier Kinross, LLC, a subsidiary of Frontier Renewable Resources, that a Permit to Install had been approved for its up to 40 million gallon per year cellulosic ethanol biorefinery with a biomass boiler to be located in Kinross Township, Michigan. Permit to Install No. 166-09 (issued in September 2010) has been voided because the equipment is now covered by this Permit to Install No. 166-09A. On July 1, 2011, the U.S. Department of Energy informed Mascoma Corporation, an owner of Frontier, that a National Environmental Policy Act (NEPA) determination of Finding of No Significant Impact (FONSI) had been issued for the Frontier Kinross biorefinery. Frontier is pleased with the decisions by MDEQ and U.S. DOE and appreciates their diligent and thorough reviews. Frontier and our partners are looking forward to moving forward with the project, which provides good paying jobs, innovative clean energy technology and reduces our dependency on foreign oil.
01/13/11 - Mascoma, Frontier Renewable Resources and Valero Ink Deal to Develop Commercial Cellulosic Ethanol Biorefinery
LEBANON, NEW HAMPSHIRE – Mascoma Corporation, an innovative biofuels company, today announced that Valero Energy Corporation, the nation’s largest independent oil refiner, has invested in Mascoma Corporation. Further, Mascoma, Valero, and Mascoma’s operating subsidiary, Frontier Renewable Resources LLC, jointly owned with natural resource management company, J.M. Longyear LLC, have signed a non-binding letter of intent to support the construction of one of the world’s first commercial scale wood-based cellulosic ethanol biorefineries (Download & Read Entire Article)
12/23/10 - Sierra Club Withdraws Challenge
MARQUETTE, MICHIGAN – Frontier Renewable Resources (Frontier) today applauded the Michigan Sierra Club's decision to voluntarily withdraw its Petition for Review of the Michigan Department of Natural Resources and Environment Air Permit to Install Case No.10-1623-AA (Download & Read Entire Article)
09/16/10 - Frontier Receives Permit to Install
KINROSS TOWNSHIP, MI – The Air Quality Division of the Michigan Department of Natural Resources and Environment informed Frontier Renewable Resources that a Permit to Install had been approved for its 40 million gallon per year cellulosic ethanol biorefinery to be located in Kinross Township, Michigan.
01/07/10 - Mascoma Appoints William J. Brady as Chief Executive Officer
LEBANON, NEW HAMPSHIRE – Mascoma Corporation today announced the appointment of William J. Brady as the new Chief Executive Officer, effective immediately. Mr. Brady will also join the Board of Directors of Mascoma and Frontier Renewable Resources, LLC. With twenty-three years of experience at Cabot Corporation, a chemical industry leader, Bill is poised to lead Mascoma into full commercial operations.... (Download & Read Entire Article)
11/09/09 - Frontier Awards $2-Million Grant to Michigan State & Michigan Tech
KINROSS TOWNSHIP, MI – Frontier Renewable Resources, the Michigan-based company building the state's first cellulosic ethanol plant in the Upper Peninsula has provided a $2-million grant designed to strengthen the sustainable wood fiber supply, develop greater efficiencies in the harvest and transportation equipment and processes, and further reduce costs for the cutting edge project... (Download & Read Entire Article)
06/27/08 - Granholm Says Mascoma Agreement Puts Michigan at Forefront of Next Generation Fuels
LANSING – Governor Jennifer M. Granholm and Mascoma Corporation CEO Bruce A. Jamerson today announced that the Massachusetts-based company has entered into a series of key strategic relationships to further Mascoma’s efforts to build its first commercial-scale cellulosic ethanol plant in Michigan’s Upper Peninsula... (Download & Read Entire Article)