Biotech Updates

Evofuel-T6 Industrial Collaboration on Biodiesel Feedstock Production in Argentina

May 25, 2012

Evofuel Ltd., an Evogene Ltd. Subsidiary and the T6 Industrial S.A. announced their collaboration for the development of castor bean seeds, due to its potential as sustainable and cost competitive feedstock for biodiesel production.

The collaboration aims to evaluate and develop Evofuel's advanced castor beans varieties for commercial production in Argentina. According to Evofuel's General Manager Assaf Oron, the collaboration is a strategic step towards their expansion into additional markets in Latin America. Meanwhile, T6 Industrial General Manager Gabriel RĂ­os announced that in the next three years, the company plans to lead the international market of the second generation biodiesel, as they would like to reinforce their worldwide leadership in biodiesel production.

Read Evogene's press release at http://www.evogene.com/News-Events/Press-Releases/2012/Evogenes-Subsidiary-Evofuel-and-T6-Industrial-to-Collaborate-on-Biodiesel-Feedstock-Production-in-Argentina.