This Week
  • UTC Retail Inc. grabbed the top spot on the 2014 Rochester Top 100.

  • Jean Maess is the site executive for Thomson Reuters, a top local employer.

  • UTC Retail Inc. grabbed the top spot on the 2014 Rochester Top 100.

  • Kelby Russell wants you to know: Local wines are among the world's finest.

  • The nominees for the upcoming 2014 Philanthropy Awards are profiled.

  • WebTitle Agency continues to grow following its 2012 merger with Customized Lenders Services.

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