Monsanto and Mendel Biotech to Collaborate on Cellulosic Biofuels
May 2, 2008| |
Monsanto Co. and Mendel Biotechnology are teaming up to develop grass varieties that will be ideal for use in producing ethanol and biodiesel. Under the terms of the agreement, Monsanto will be lending their crop testing, breeding and development expertise to Mendel's BioEnergy Seeds & Feedstocks unit. The companies will explore the potential of producing cellulosic biofuels from several perennial grass seed varieties. Cellulosic biofuels, which are made from leaves, stems, stalks or other typically non-edible parts of plants, have the potential to expand biofuel supply and thus help alleviate the demand for corn-based ethanol that is putting pressure on world stocks of food and feed. Mendel and Monsanto have previously worked together on the development of biotechnology traits in soy, canola and corn.
Read the press release at http://monsanto.mediaroom.com/index.php?s=43&item=596
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