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Exxon Mobil Corp. (NYSE:XOM) launched a biofuels program, planning to spend $600 million -- perhaps billions more -- in an alliance with La Jolla, Calif.'s Synthetic Genomics Inc. to research and develop next-generation biofuels from photosynthetic algae.Entering the alliance with great hope, SGI knows there's tons of research to...
Posted on July 14, 2009 10:21 AM
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