World Bioenergies broadcasts the beginning of a brand new part in its collaboration with Shell to develop low-carbon highway fuels.
World Bioenergies (FR0011052257 – ALGBE), a key participant in industrial biotechnology, broadcasts that the corporate has signed a brand new growth contract with Shell World Options (Deutschland) GmbH (“Shell”) to additional develop low carbon highway fuels.
Whereas the earlier phases of the collaboration, beginning on the finish of 2022, have been devoted to exploring totally different potential choices primarily based on proprietary World Bioenergies’ expertise, the intention now could be to concentrate on one particular route.
Marc Delcourt, co-founder and CEO of World Bioenergies, mentioned:
🔥 What about we co-host a webinar? Let’s educate, captivate, and convert the biofuels financial system!
Biofuels Central is the worldwide go-to on-line journal for the biofuel market, we may help you host impactful webinars that develop into a world reference in your matter and are an evergreen supply of leads. Click on right here to request extra particulars
This work paves the way in which for a possible industrial exploitation of World Bioenergies’ course of for this particular software.
Matthias Mundt, Normal Supervisor Fuels Tech Future Mobility Portfolio at Shell, added:
The answer developed by World Bioenergies is exclusive, and we’re wanting ahead to carrying on our collaboration.
“By combining the expertise of Shell with the innovation of a start-up, we need to allow options to supply our clients extra lower-carbon merchandise. These applied sciences could be part of the mosaic of sustainable elements to assist the power transition.”
About GLOBAL BIOENERGIES
World Bioenergies substitutes merchandise of fossil origin with merchandise of pure origin. Of their quest for naturalness with out compromising on efficiency, the cosmetics gamers are the Firm’s first clients. By 2027, the Firm can be working its progressive course of in a large-scale plant.
By 2030, the Firm plans to develop into a pacesetter within the enormous rising marketplace for sustainable aviation fuels, to be able to combat towards international warming. World Bioenergies is listed on Euronext Progress in Paris (FR0011052257 – ALGBE). L’Oréal is its largest shareholder, with a 13.5% stake.
READ the most recent information shaping the biofuels market at Biofuels Central
World Bioenergies broadcasts the beginning of a brand new part in its collaboration with Shell to develop low-carbon highway fuels, January 17, 2024
