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May 5, 2002 – Vol.7 No.6
SHELL’S RENEWABLES.
Extending its investments in renewables beyond solar and wind energy, Royal Dutch Shell has purchased a $29 million equity stake in bioethanol technology company Iogen Energy. The investment in Iogen will be used to build the world’s first commercial-scale biomass-to-ethanol production plant.
Conventional ethanol fuel is made from the fermentation of sugar derived from the starch in grains such as corn and wheat. Bioethanol is made from the fermentation of renewable waste feedstocks such as wood and straw. In a full cycle analysis, bioethanol has a 90 percent reduction of carbon dioxide emissions compared with gasoline, according to a 1997 study by the U.S. Department of Energy. Visit Shell at http://www.shell.com/ , Iogen at http://www.iogen.ca/
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