I'm trying to remember the name of a cellulosic plant that I heard of. The founder was feeling pretty confident that he could supply ethanol at the same price as corn ethanol from biomass. However, his big claim to fame was that his biomass wasn't being produced using the same massive subsidies that corn ethanol was being delivered by (since corn is so heavily subsidised, it's not a surprise products developed with it are cheap).
As well, his process was chemical, not biological, and so he thought that converting to biobutanol production would be easier (but there's not much infrastructure for it ... but there isn't really one for ethanol right now, either).