By Matthew L. Wald Mitch Mandich proudly showed off his contraption made of tanks, valves, hoppers, augers and fans. It hissed. It gurgled. An incongruous smell wafted through the air, the scent of turpentine.

By Dan Chapman, The Atlanta Journal-Constitution Jul. 3--Range Fuels Inc. -- a dot-com billionaire's bet that pine trees can be turned into fuel -- has received key environmental and construction permits from Georgia for a proposed $225 million cellulosic ethanol plant in Treutlen County.

BROOMFIELD, Colo. and PALO ALTO, Calif., Feb. 7 /PRNewswire/ -- Range Fuels, Inc., a cellulosic ethanol company, today announced it will build its first ethanol plant in Treutlen County, Georgia.