Dr. Michael Ladisch Joins Mascoma as Chief Technology Officer

CAMBRIDGE, Massachusetts, – Mascoma Corporation, a leader in advanced low-carbon biofuels, announced the acquisition of Celsys BioFuels, Inc. Terms of the transaction were not disclosed. Celsys BioFuels, Inc., headquartered in Indianapolis, Indiana, was formed in 2006 to commercialize cellulosic ethanol production technology developed in the Laboratory of Renewable Resources Engineering at Purdue University. The Celsys technology is based on proprietary pretreatment processes for multiple biomass feedstocks, including corn fiber and distiller grains. The technology was developed by Dr. Michael Ladisch, an internationally known leader in the field of renewable fuels and cellulosic biofuels. He will be taking a two-year leave of absence from Purdue University to join Mascoma as the company’s Chief Technology Officer. Link.