Toyota R&D Unit, Hitachi Join Algae-Biofuel Study
Toyota Motor Corp.’s research and development unit, Hitachi Ltd. and more than 40 other Japanese companies and institutions have joined a national study into algae’s potential for producing biofuel and chemicals.
Autoparts maker Denso Corp., refiners Nippon Oil Corp. and Idemitsu Kosan Co. and soy sauce maker Kikkoman Corp. will also join the study led by Tsukuba University into producing motor fuel, cosmetics and food from the microorganisms, according to a joint statement released at Tsukuba City near Tokyo today.
