Monsanto, St. Louis, is teaming up with industry leaders such as General Motors and the National Ethanol Vehicle Coalition (NEVC) to deliver improved corn for the dry mill ethanol industry, drive increased fuel ethanol demand and expand fuel ethanol infrastructure to support that demand.Monsanto The Monsanto Company (NYSE: MON) is a multinational agricultural biotechnology corporation. It is the world's leading producer of the herbicide glyphosate, marketed as "Roundup". , St. Louis, is teaming up with industry leaders such as General Motors and the National Ethanol ethanol (ĕth`ənōl') or ethyl alcohol, CH3CH2OH, a colorless liquid with characteristic odor and taste; commonly called grain alcohol or simply alcohol. Vehicle Coalition (NEVC NEVC National Ethanol Vehicle Coalition (Jefferson City, Missouri) NEVC Northeast Veterinary Clinic NEVC Northeast Veterinary Conference NEVC New England Van Council NEVC Nottingham Electronic Valve Company ) to deliver improved corn for the dry mill ethanol industry, drive increased fuel ethanol demand and expand fuel ethanol infrastructure to support that demand. The collaborative effort is expected to provide a major boost to the U.S. ethanol industry through Monsanto's Fuel Your Profits[SM] program, by generating a multimillion dollar investment over the next two years. This investment will be aimed at fueling ethanol profits from corn planting to ethanol processing and beyond. Participants in the Fuel Your Profits program will be eligible for reward certificates off of a negotiated purchase price of General Motors' E85 vehicles as well as incentives to increase the number of E85 fuel pump Fuel pump A mechanical or electrical pump for drawing fuel from a storage tank and forcing it to an engine or furnace. The type of pump chosen for a given fuel depends to a great extent on the volatility of the liquid to be pumped. stations that are located throughout the country. |
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