Shell, Codexis expand biocatalyst cooperation

10 March 2009 18:19  [Source: ICIS news]

TORONTO (ICIS news)--Shell and US biocatalyst firm Codexis have expanded their agreement to develop biocatalysts that could shorten the timeline towards the commercialisation of next-generation biofuels, they said on Tuesday.

As part of the deal, Codexis would work with Canadian biofuels producer Iogen, which operates a cellulosic ethanol demonstration plant in Ottawa, the companies said. Shell is a stakeholder in Iogen.

“The research programme with Codexis aims to enhance the Iogen process and shorten the timeline to its full-scale commercial deployment,” Shell said.

In addition, Shell had increased its equity stake in Codexis and would take an additional seat on the company’s board, it said, but did not disclose financial details.

Shell and Codexis signed an initial collaboration agreement in 2006 which they later extended by five years.

To discuss issues facing the chemical industry go to ICIS connect
Bookmark Simon Robinson’s Big Biofuels Blog for some independent thinking on biofuels


By: Stefan Baumgarten
+1 713 525 2653



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index