Israeli Ormat and Evogene entering biodiesel market

Posted on July 26, 2007 • By Miriam Schwab
Category: Environment |

Canola fieldOrmat 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.

David Rosenberg, Bloomberg, “Ormat, Evogene to develop biodiesel crops,” Jerusalem Post, July 26, 2007.

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google

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.

Name (required)

Email (required)

Website

Comments

Subscribe without commenting

Search

Subscribe to israelplug

Categories

Sponsors

 

FlickrIsrael