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Indian Oil Corp. and LanzaTech sign biofuels technology deal

7:14 AM MDT | July 22, 2013 | Deepti Ramesh

Indian Oil Corp. (IOC; New Delhi) and the Department of Biotechnology (DBT; New Delhi), which is under the Ministry of Science and Technology, have jointly set up the IOC-DBT Centre for Advanced Bio-Energy Research, at Faridabad, IndiaIOC says. The center is located inside the campus of IOC's R&D center. Moreover, the IOC-DBT center recently signed an agreement with LanzaTech (Roselle, IL) to further develop IOC-DBT's microalgae technology, IOC says. The agreement entails development of an acetate-to-lipids pathway and evaluation of its...

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