Greg, Thanks for this - it is the article I was referring to. I work with some people who teach about petroleum engineering and they visit our local Shell refinery (here in Sydney, Australia). I had planned on going with them on the next visit and am interested in what Shell Australia is doing. Thanks again Regards, Philip Dolan Greg and April <[EMAIL PROTECTED]> wrote: Is this the Shell artical ?
Greg H. ----- Original Message ----- From: "Keith Addison" <[EMAIL PROTECTED]> To: <> Cc: <biofuels-biz@yahoogroups.com> Sent: Thursday, May 09, 2002 04:20 Subject: [biofuel] Shell buys stake in bioethanol fuel firm Iogen > http://www.planetark.org/dailynewsstory.cfm/newsid/15883/story.htm > Planet Ark : > Shell buys stake in bioethanol fuel firm Iogen > > CANADA: May 9, 2002 > > CALGARY, Alberta - Canada's Iogen Energy Corp., developer of a > process to turn forest and agricultural waste into a low-emissions > auto fuel, has drawn a $29 million investment from oil giant Royal > Dutch/Shell Group , which is on the prowl for alternative energy > sources. > > Privately owned, Ottawa-based Iogen focuses on bioethanol, a > high-octane alcohol formed by fermenting sugars found in plant fibre > such as wood and straw. Its goal is to mass produce bioethanol, which > can be blended with gasoline to produce a more environmentally > friendly fuel. > > Shell, the Anglo-Dutch giant that owns 72 percent of Shell Canada > Ltd. , the country's No. 2 integrated oil firm, will own "just over > 20 percent" of Iogen in return for the investment, an Iogen executive > said. > > Shell is not the first petroleum firm to pump money into Iogen, which > employs about 100 people and owns a C$35 million ($22.3 million) > demonstration plant. Petro-Canada , the country's No. 4 producer, > refiner and marketer, provided seed funding in late 1997 that helped > Iogen build its pilot plant in Ottawa. > > Lesley Taylor, a spokeswoman for Shell Canada, said Iogen's process > could substantially reduce total greenhouse gas emissions from > vehicles. > > "In terms of of sustainable development, it would definitely be an > interesting development for us," she said. "We would be open to using > (bioethanol) once it's commercially available and viable." > > Some Canadian fuel retailers, such as Husky Energy Inc. and Suncor > Energy Inc. , already blend ethanol into their gasoline to reduce > pollution. > > Most of the world's 30 billion litres a year of ethanol is produced > from sugar cane in Brazil and from grains in the United States. In > Brazil, the United States and Sweden it is already blended into > gasoline. > > Royal Dutch/Shell Group said it recognized that fuel using such > traditionally produced ethanol is unlikely to ever compete > commercially with normal gasoline, but bioethanol "offers a more > economic and sustainable blending component." > > The firm has earmarked $500 million of investment over a five-year > period for cleaner energy projects. > > REUTERS NEWS SERVICE > > > > Biofuel at Journey to Forever: > http://journeytoforever.org/biofuel.html > > Biofuels list archives: > http://archive.nnytech.net/ > > Please do NOT send "unsubscribe" messages to the list address. > To unsubscribe, send an email to: > [EMAIL PROTECTED] > > Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/ > > Yahoo! Groups SponsorADVERTISEMENT Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Biofuels list archives: http://archive.nnytech.net/ Please do NOT send "unsubscribe" messages to the list address. To unsubscribe, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service. --------------------------------- Do You Yahoo!? Sign-up for Video Highlights of 2002 FIFA World Cup [Non-text portions of this message have been removed] Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Biofuels list archives: http://archive.nnytech.net/ Please do NOT send "unsubscribe" messages to the list address. To unsubscribe, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
