Tuesday, November 6, 2007
Shell And Codexis Expand Collaboration To Explore New Super Enzymes
London, UK and Redwood City, CA - The development of sustainable biofuel took a step forward as Royal Dutch Shell plc expanded its collaboration with Codexis Inc. to develop new super enzymes to convert biomass to fuel. The new agreement covers five years of research collaboration and includes Shell making an equity investment in Codexis and taking a seat on the company’s board. Research will focus on adapting enzymes to improve the conversion of a range of raw materials into high-performance fuels. It will assist Shell in developing the next generation of biofuels as it explores a number of non-food bio materials, new conversion processes and alternative fuel products. Link.