Viridos executes agreement with ExxonMobil to help scale algae biofuels toward commercial levels
Green Car Congress
NOVEMBER 22, 2021
earlier known as Synthetic Genomics, has signed a joint development agreement with ExxonMobil Research and Engineering Company (EMRE) with the intent to bring Viridos’ low-carbon intensity algae biofuels toward commercial levels. At that time, ExxonMobil expected to spend more than $600 million, which includes $300 million in internal costs.
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