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Iogen Corporation wants to affect the greenhouse effect. The company is developing cellulose ethanol, a fuel that could conceivably cut carbon dioxide emissions created by automobiles. Cellulose ethanol is derived from the plant waste (barley, corn, or wheat) farmers leave in the fields after a harvest. Iogen also manufactures enzymes used by the animal feed, paper, pulp, and textile industries. Although a private company, Iogen has some powerful friends and counts Royal Dutch Shell, Petro-Canada, Goldman Sachs, and the Canadian government among its investors. In 2008 Shell bumped up its investment in the company and, consequently, raised its stake in Iogen to 50%.
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| | | Contact Information | |
Address: |
310 Hunt Club Rd., E.
Ottawa, Ontario K1V 1C1, Canada
| | Phone: | 613-733-9830 | | Fax: | 613-733-0781 |
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| Financial
Highlights | | Revenue (2007): | 45.20 M | | Employees (2007): | 135 |
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Key People
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President and CEO:
Brian Foody
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COO:
Patrick Foody
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EVP and CFO:
William S. (Bill) Waller Jr.
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