Israeli Ormat and Evogene entering biodiesel market
Posted on July 26, 2007 • By Miriam Schwab
Category: Environment Leave a Comment
Ormat Industries and Evogene, two Israeli companies, have reached an agreement in principle to develop oil-rich crops that can be used to produce cheaper biodiesel fuels.
The two companies will embark on a three-year, $2m research project to identify lower-cost alternatives to soy and canola oil for biodiesel fuel. If this project succeeds, Ormat and Evogene will jointly market the crops. The project has been approved for a $1m grant from the Israel-US Binational Industrial Research and Development Fund.
If you liked this post, be sure to subscribe to our RSS feed.
Leave a Comment
If you would like to make a comment, please fill out the form below.
About israelplug
israelplug is Web 2.0 meets news on Israeli innovation. Fresh, fascinating, and often funny content written by our passionate team of contributors will keep you updated on the latest innovations in Israel. Your level of involvement here can range from reading, to commenting, to writing articles. Learn more»
Upcoming Events
Fatal error: Call to undefined function rssimport() in /home/israelpl/public_html/wordpress/wp-content/themes/israelplug/sidebar.php on line 17