Transaction advisory for cellulosic ethanol technology

A CRA expert was retained to advise an ethanol producer on a commercialization strategy for a newly developed patented cellulosic ethanol process technology it had developed, which increased ethanol yield and the value of byproduct distiller grains used in livestock feed. CRA prepared a valuation and commercialization business case to identify incremental value throughout the value chain, including the impact of current and potential future renewable fuel credits. Potential partners at each link of the value chain were identified and ranked resulting in a short list of targets. CRA assisted in due diligence and led negotiations culminating in a collaboration and license agreement with a major agrochemical company.