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Shell and Codexis Hand in Hand
News from Shell reports that it deepens collaboration with Codexis to speed arrival of the next generation biofuel. They will jointly develop better enzymes that could accelerate commercialisation of next generation biofuels. Shell also increased its equity stake in Codexis and will take an additional seat on the company¡¯s board.
As part of the agreement, Codexis will work closely with Shell and Iogen Energy Corporation to enhance the efficiency of enzymes used in the Iogen cellulosic ethanol production process. The research programme with Codexis aims to enhance the Iogen process and shorten the timeline to its full-scale commercial deployment. Iogen¡¯s technology uses enzymes to break down the cellulose in agricultural fibre and convert it to sugars, which are then fermented and distilled into ethanol.
The new Shell-Codexis deal also continues the collaboration to investigate other biofuels, researching new enzymes to convert biomass directly into components similar to gasoline and diesel. |