Interesting article but, let me shed some light with a few points of fact that nobody in the company will offer. One, at the time this article was posted, Eran was no longer CEO. Eran was deposed and a new CEO was hired in June of 2011. Two, the pilot in Durham was no longer operational (they’re trying to move it elsewhere) and proved nothing along the lines of this process being commercially viable. In actuality, far more was proven to the contrary. Three, the company is woefully behind on researching and proving their proprietary solvent extraction process which is the lynchpin to their success. The reality is they haven’t proven they can reliably make ANY sugar from wood on a pilot level, much less extract the acid THEN recover the acid and solvent.
Bottom line, if you’re expecting sugars to be made from wood in Grenada in 2012, and most likely ever, don’t hold your breath. Unfortunately for Khosla, the DOE and the state of Mississippi, they will be forced to realize this in due time.