Shell and Codexis to Explore Next-Generation Bio-fuels
Focus remains on bio-fuels that lower CO2
Shell Oil Products US, a subsidiary of Shell Oil Company, and Codexis Inc. announced they would launch a collaboration to explore enhanced methods of converting biomass to bio-fuels. Terms of the agreement were not disclosed.
"Shell is committed to leading the development of second-generation bio-fuels that offer lower well-to-wheel CO2 production and enhanced performance," David Sexton, President, Shell Oil Products US, said. "We are exploring the application of Codexis' proprietary technologies to produce alternative fuels from renewable, sustainable sources."
"Our proven biocatalytic approach should provide the critical pathway to developing economically feasible alternative transportation fuels from renewable resources," Alan Shaw, Ph.D., Codexis President and Chief Executive Officer, said. "We are pleased to be partnering with Shell, a world leader in energy, to undertake this important effort."
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