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ExxonMobil to Spend $600 Million on Next Generation Biofuels Program

Page Views: 353 / 0 Comments / Add CommentPosted by Ugah Godwin on 2009-08-06 01:25:45

ExxonMobil has partnered with biotech company Synthetic Genomics Inc. (SGI) to research and develop next generation biofuels from photosynthetic algae.

ExxonMobil Research and Engineering Company has entered into a research and development alliance with SGI, a privately held company focused on developing genomic-driven solutions and founded by genome pioneer, Dr. J. Craig Venter, to develop advanced biofuels from photosynthetic algae that are compatible with today

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