ExxonMobil Purchases Stake in Biojet to Expand Biofuel Portfolio

ExxonMobil is expanding its interests in biofuels that can help reduce greenhouse gas emissions in the transportation sector, acquiring a 49.9% stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components. Biojet AS plans to develop up to five facilities to produce […]

The post ExxonMobil Purchases Stake in Biojet to Expand Biofuel Portfolio appeared first on NGT News.

This post appeared first on NGT News.

Share This Post

Share on linkedin
Share on twitter
Share on email