An agreement between Mascoma Corporation and Chevron Technology Ventures will provide feedstock for conversion to cellulosic ethanol and by-products.

According to a press release, Mascoma has entered into a feedstock processing and lignin supply agreement with Chevron Technology Ventures (CTV), a division of Chevron U.S.A., Inc. Under terms of the agreement, CTV will provide various sources of lignocellulosic feedstock to Mascoma, which will then convert the feedstock to cellulosic ethanol producing lignin as a by-product.

The project will last for two years, and Mascoma is hopeful that the developed technology may be suitable for a wide variety of feedstocks.