Chevron and Texas A&M Form Strategic Biofuels Research Alliance

31-May-2007

Chevron Corporation (NYSE: CVX) and the Texas A&M agriculture and Engineering BioEnergy Alliance (Texas A&M BioEnergy Alliance) announced that they have entered into a strategic research agreement to accelerate the production and conversion of crops for manufacturing ethanol and other biofuels from cellulose.

Chevron Technology Ventures, a division of Chevron USA, Inc., will support research initiatives over a four-year period through the Texas A&M BioEnergy Alliance, a formal partnership combining the collective strengths of The Texas A&M University System's two premier research agencies in agriculture and engineering - the Texas Agricultural Experiment Station (TAES) and the Texas Engineering Experiment Station (TEES).

The research initiatives will focus on several technology advancements to produce biofuels including, but not limited to:

- identifying, assessing, cultivating, and optimizing production of second-generation energy feedstocks for cellulose and bio-oils with a focus on non-food crops,

- characterizing and optimizing the design of dedicated bioenergy crops through advances in genomic sciences and plant breeding,

- developing integrated logistics systems associated with the harvest, transport, storage and conversion of bioenergy crops, and

- developing advanced biofuels processing technologies.

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