Bunge, partner to explore jatropha as biofuel feedstock

10 November 2010 13:59  [Source: ICIS news]

TORONTO (ICIS)--US agri business and oilseeds major Bunge has joined California-based bio-energy crop company SG Biofuels in an alliance to research and develop the processing of jatropha seeds into biofuel feedstock, the companies said on Wednesday.

Together with SG Biofuels' existing partners, including petrochemicals producer Flint Hill Resources, Bunge would help provide a fully integrated platform from which customers could develop and produce large volumes of crude jatropha oil, SG Biofuels CEO Kirk Haney said.

"The development of a successful market for jatropha requires that all aspects of the value chain are met, from crop science and proper agronomics all the way through processing and refining,” he added.

Jatropha curcas, a non-edible shrub native to central America, had high oil content and could be grown on marginal lands, thus making it suitable as a non-food energy feedstock, SG Biofuels said.

Financial, capacity or other terms were not disclosed.

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By: Stefan Baumgarten
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