ADM, Bayer, and Daimler Team Up in Biodiesel Alliance

Scheitza: An interesting option. Archer Daniels Midland (ADM), Bayer CropScience, and Daimler have signed a memorandum of understanding to jointly research biodiesel production from jatropha, a wild plant that can be grown on barren land. Financial terms were not disclosed. 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 control of jatropha plants; and Daimler has completed a five-year study to validate the use...

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