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EnviroTech :: Alternative fuels

August 18, 2008

BP and Verenium Form Biofuel Alliance

Michelle Bryner

BP says it has entered into a partnership with biofuel startup Verenium (Cambridge, MA), under which BP will pay Verenium $90 million for access to the company’s cellulosic ethanol technology. The investment will also fund Verenium’s R&D...

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