This Week
  • The new Golisano Children's Hospital will be dedicated next week.

  • Citizens Bank leader outlines plans in visit.

  • The last six years have brought quite a transformation to Mirror Show Management.

  • For Christopher Thorpe of Darien Lake Theme & Water Park Resort, work is about having fun.

  • Local banks are getting ready to migrate to the global standard for secure payments.

  • Aprille Byam launched StoryChick to help people begin conversations.

Sweetwater raises $4 million, SEC filing shows

Rochester Business Journal
June 21, 2012

Sweetwater Energy Inc. has raised $4 million, filings with the Securities and Exchange Commission show.

The Rochester firm is led by Arunas Chesonis, co-founder and former chairman and CEO of Paetec Holding Corp.

Sweetwater Energy uses a technology to produce low-cost sugars from non-food plant materials. These industrial sugars are sold to refineries, which use them to produce biofuels, biochemicals and bioplastics.

Unlike petroleum-based technologies, Sweetwater Energy's process uses renewable plant materials that are grown domestically and significantly reduce greenhouse gas emissions, the firm has said.

In May, the company announced it had begun operation of its pilot-scale cellulosic sugar-processing facility.

(c) 2012 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google