Shell extends biofuels deal with 'super enzyme' maker Codexis
Fuels giant Royal Dutch Shell said on Wednesday that it has expanded its development partnership with Codexis to build advanced biofuels.
As part of the five-year deal, Shell will take an equity stake in the 5-year-old company and a seat on its board.
Shell said the extension of the existing research with Codexis will focus on using non-food biomass sources to make "high-performance fuels."
Rather than target ethanol production through this partnership, Shell intends to make hydrocarbons from plants--that is, low-carbon liquid fuels that closely resemble existing fuels.
Codexis has a process that allows it to create what … Read more