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Posted November 06. 2013 1:34PM

After aborting ethanol IPO, Mascoma welcomes big oil talent aboard

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New Hampshire-based ethanol company Mascoma backed out of its plans for an initial public offering last March, citing unfavorable market conditions. Today, the company announced its board of directors now has two new members from big oil: Steve Percy, the former CEO of BP America, and Dan Nelson, former VP of ExxonMobil.