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Wednesday, September 1, 2010

Tech across New England

Qteros holds key to cellulosic ethanol production

By Mass High Tech Staff

Qteros Inc.
Location: Marlborough, Mass.
Web: www.qteros.com
Phone: 508-281-4060
founded: 2006
Top executive: John McCarthy, CEO
Industry: Cellulosic ethanol

Qteros Inc. officials say they are well on their way toward commercializing a new cellulosic ethanol production process, and plan to continue the effort by opening a new 15,000-square-foot research and development facility in Chicopee by the end of the year. The process is based on the Q Microbe, a naturally-occurring anaerobic microorganism developed in part by MHT Women to Watch honoree Susan Leschine, a University of Massachusetts Amherst professor who co-founded Qteros in 2006. The Q Microbe has worked with materials including wheat straw, sugar cane, switchgrass and corn cobs, according to the company. Qteros received a patent for the process in March, and the company intends to license the technology to cellulosic ethanol producers.

From the top, CEO John McCarthy: “Qteros’ vision is to accelerate the low-cost, large-scale production of cellulosic ethanol (ethanol from non-food sources) and we are rapidly transforming that vision into a global commercial reality. Together with our strategic partners around the world, we are aggressively scaling our unique, highly-efficient Consolidated Bioprocessing (CBP) platform to streamline complex engineering processes and reduce the costs associated with cellulosic ethanol production. Backed by world-class investors that include Venrock, Battery, Soros, BP and Valero, we believe Qteros is well-poised for continued growth and commercial success in the multi-billion dollar advanced biofuels market.”

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