Canada's Iogen Energy Corp., developer of a process to turn forest and agricultural waste into a low-emissions auto fuel, has drawn a $29 million investment from oil giant Royal Dutch/Shell Group RD.AS, which is on the prowl for alternative energy sources. Privately owned, Ottawa-based Iogen focuses on cellulosic ethanol production.
Shell, the Anglo-Dutch giant that owns 72 percent of Shell Canada Ltd. SHC.TO, the country's No. 2 integrated oil firm, will own "just over 20 percent" of Iogen for a return on investment, an Iogen executive said. Shell is not the first petroleum firm to pump money into Iogen, which employs about 100 people and owns a C$35 million ($22.3 million) demonstration plant.
MINNEAPOLIS CONVENTION CENTER | MINNEAPOLIS,MINNESOTA
Serving the Global Sustainable Aviation Fuel Industry
Taking place in September, the North American SAF Conference & Expo, produced by SAF Magazine, in collaboration with the Commercial Aviation Alternative Fuels Initiative (CAAFI) will showcase the latest strategies for aviation fuel decarbonization, solutions for key industry challenges, and highlight the current opportunities for airlines, corporations and fuel producers.View More
GAYLORD OPRYLAND RESORT & CONVENTION CENTER | NASHVILLE,TN
Now in its 19th year, the International Biomass Conference & Expo is expected to bring together more than 900 attendees, 160 exhibitors and 65 speakers from more than 25 countries. It is the largest gathering of biomass professionals and academics in the world. The conference provides relevant content and unparalleled networking opportunities in a dynamic business-to-business environment. In addition to abundant networking opportunities, the largest biomass conference in the world is renowned for its outstanding programming—powered by Biomass Magazine–that maintains a strong focus on commercial-scale biomass production, new technology, and near-term research and development. Join us at the International Biomass Conference & Expo as we enter this new and exciting era in biomass energy.View More