Weyerhaeuser & Chevron partner for biofuels venture
The first venture of the 2007 Chevron
Corporation and Weyerhaeuser Company partnership will be the development of Catchlight Energy LLC. The 50-50 venture is focused on the development of the next generation biofuels coming from non-food feedstocks. Catchlight Energy will "research and develop technology for converting cellulose-based biomass into economical, low-carbon biofuels." The full press release can be found here.
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