Elephant grass was subjected to steam explosion to enhance cellulose accessibility and convert it into ethanol. After catalyzed pretreatment at 190 degrees C for 5 min, enzymatic hydrolysis was carried out using high rate of solid loading combined with different enzyme dosages. Assays employing 20% (w/v) solids loading and an enzyme dosage of 20 FPU g(-1) substrate led to a yield of 86.02 g glucose released per 100 g potential glucose in the water insoluble solids. This condition was selected to carry out the simultaneous saccharification and fermentation procedure through S. cerevisiae CAT-1, producing 42.25 g L-1 ethanol with a yield of 74.57% regard to the maximum theoretical. The liquor containing C5 and C6-sugars was successfully converted into lactic acid using L. buchneri NRRL B-30929, resulting in 13.35 g L-1 with a yield of 68.21% in relation to the maximum theoretical.