What the Company Is Doing
Oil Companies are buying ethanol companies.
Carmakers fight hike in ethanol at gas pumps
Exxon committed $600 million over the next five to six years in a collaboration with Synthetic Genomics
BP announced $10 million for a project with Martek Biosciences Corp. over three years
Dow declared a joint pilot project to produce ethanol from an algae-based biorefinery.
Valero and Darling said on Sept 21 that the two companies are taking initial steps to develop a facility in Louisiana that will be capable of producing more than 10,000 barrels a day of renewable diesel.