28 Feb '12, 5pm

Shell Busts a Move: Builds Drop-in Biofuels Pilot Plant in Texas

Shell Busts a Move: Builds Drop-in Biofuels Pilot Plant in Texas

After a stunning move to establish a $12 billion joint venture with Cosan, Raizen, focused primarily on Brazilian sugarcane and first-generation ethanol, Shell was expected to explore Iogen and Codexis technology for cellulosic ethanol from the millions of tons of sugarcane bagasse produced by the Raizen sugarcane ethanol fleet. After all, observers reasoned, Shell contributed its holdings in Iogen and Codexis to the Raizen JV, and both companies had both made painful changes in top management as they sought to improve their timelines towards commercial success. Shell focuses in on biofuels At the same time, Shell had said as far back as 2009 that it would concentrate its investment activity in renewables on biofuels. Shell’s executive director of gas and power, Linda Cook, said at the the time, “It’s now looking like bio­fuels is one which is closest to what we do in Shel...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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