SG Biofuels and Bunge form strategic alliance
SG Biofuels has established a strategic partnership with Bunge North America to research and develop a model to process Jatropha seeds into a biofuel feedstock. SG Biofuels President Kirk Haney made the announcement at the Advanced Biofuels Markets Conference & Expo in San Francisco, California.
Bunge joins Flint Hills Resources, Life Technologies Corp. and others that are collaborating with SG Biofuels to develop Jatropha as a viable source for cost-effective, sustainable crude plant oil.
“This partnership and our ability to provide world-class processing to our customers are key components to ensuring success for large-scale deployment of Jatropha plantations globally,” said Mr. Haney. “The development of a successful market for Jatropha requires that all aspects of the value chain are met, from crop science and proper agronomics all the way through processing and refining. Bunge, together with Life Technologies and Flint Hills Resources, provides a fully integrated platform from which our customers can develop, produce and profit from large volumes of crude Jatropha oil.”
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