What is Exxon doing right now? 1
What is Exxon mobile doing in algae domain right now? I'm sure algae investors, researchers and entrepreneurs would definitely want the answer for this question.Following a $600 million investment in algae fuels Exxon takes the next step in algae biofuel effort. ExxonMobil unveiled yesterday the opening of a greenhouse in which to take to the next level the research and testing of algae as the basis for a fuel.
J Craig Venter, founder and chief executive of Synthetic Genomics, told the news conference:
"The greenhouse is the next important step in our alliance as we comprehensively explore algae as a source of renewable biofuels. The team has already made great strides in evaluating various strains and growth conditions for algae and we are eager to continue and expand this important research as we plan for the next stages of scale-up"
Thanks to Financial Times for the news!
Fri July 16 2010 10:26:32 AM by Parkavi
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Whatever it is, it's a secret. I wonder if a patent search would turn up clues.