ZeaChem, GreenWood announce feedstock agreement

Portland, Ore.-based GreenWood Resources Inc. signed a feedstock agreement to supply poplars from its intensively managed tree farm to cellulosic ethanol developer ZeaChem Inc., based in Menlo Park, Calif., for a planned 1.5 MMgy production plant near Boardman, Ore. The two companies also agreed to explore expanding their collaboration to include an expansion of the plant's capacity, as well as the development of other facilities integrated with short-rotation poplar tree farms.