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Markets :: Alternative Fuels :: Biodiesel

ADM, Bayer, and Daimler Sign MOU For Biodiesel Alliance

11:58 AM MST | January 11, 2008 | CW Editorial Staff

Archer Daniels Midland (ADM), Bayer CropScience, and Daimler have signed a memorandum of understanding to jointly research the production of biodiesel from jatropha—a wild plant that can be grown on barren land. The project will focus on developing a process and quality standards for jatropha-based biofuel. Each company brings its own expertise to the alliance. ADM operates several biodiesel refineries worldwide; Bayer CropScience will use its crop development know-how to develop and register herbicides, soil insecticides and fungicides for disease and pest...

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