Global Bioenergies agrees collaboration with Shell in the development of low carbon road fuels
14 Novembre 2022 - 6:59AM
Global
Bioenergies agrees collaboration with
Shell in the development of low carbon road fuels
Evry,
14 November 2022
- Following the delivery of testing
samples this summer, Global Bioenergies
and Shell agree to collaborate on the development and
testing of low carbon road fuels.
The first phase of this agreement will evaluate
new concepts based on high-octane gasoline components derived from
bio-based feedstocks. The collaboration will see the two companies
conduct a joint research study, to identify and develop
manufacturing methods to produce the molecules required to create
high-octane components. The agreement also allows for a period of
exclusivity to further develop these innovative concepts in the
future.
Marc Delcourt, CEO of Global Bioenergies
commented “We’re looking forward to working with Shell on this
important study. Whilst adoption of EV’s continues to accelerate,
it’s clear there is still a role for internal combustion engines
for many years to come. We expect the future of road transportation
will be based on an energy mix maximizing the role of decarbonised
sources, in which biofuels will be critical”.
Selda Gunsel, VP Fuels and Lubricants
Technology, said: “We recognise that decarbonising the mobility
sector will require a range of solutions and we’re keen to explore
different pathways to achieve this. We are already evaluating the
opportunity of off-taking volumes of isobutene and derivatives from
Global Bioenergies’ existing and future plants. It is
collaborations, such as this, that are helping accelerate progress
in this space”.
About GLOBAL BIOENERGIES
Global Bioenergies converts plant-derived
resources into compounds used in the cosmetics industry, as well as
the energy and materials sectors. After launching the first
long-lasting and natural make-up brand LAST® in 2021, Global
Bioenergies is now marketing Isonaturane® 12, its key ingredient,
to major cosmetics companies to improve the naturalness of their
formulas whilst improving their carbon footprint. In the long run,
Global Bioenergies is also aiming at cutting CO2 emissions in the
aviation and road sector and thereby curb global warming. Global
Bioenergies is listed on Euronext Growth Paris FR0011052257 -
ALGBE).
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- Global Bioenergies agrees collaboration with Shell in the
development of low carbon road fuels
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