3 result(s) displayed (1 - 3 of 3):

BP deepens its investment in biofuels with ethanol JV (from Corporate Dealmaker)

BP plc has upped its investment in biofuels producer Verenium Corp. with a joint venture to develop and market cellulosic ethanol from nonfood feedstock. The companies will contribute a combined $45 million to build and operate an ethanol production facility in Florida. The JV builds on an existing R&D partnership...

Posted on February 19, 2009 2:15 PM

BP deal calls attention to biofuel investments (from Corporate Dealmaker)

BP plc's latest deal -- a $90 million investment in U.S. biofuels producer Verenium Corp. -- prompted us to do a sector watch. First, CD should note Democratic presidential nominee Barack Obama set a 60 billion-gallon target within 22 years for advanced biofuels, including cellulosic ethanol in his energy plan....

Posted on August 7, 2008 8:55 AM

DuPont shares IP for ethanol JV in U.S. (from Corporate Dealmaker)

"To address a $75 billion market opportunity," DuPont and Genencor, a division of Danisco A/S, will form DuPont Danisco Cellulosic Ethanol LLC, a 50-50 global joint venture. By combining DuPont's proprietary pretreatment and ethanologen technology with Genecor's enzyme technology, the JV will work to develop and commercialize a low-cost...

Posted on May 14, 2008 1:59 PM