ExxonMobil acquires stake in Norwegian biofuels company in a move to expand its interests in biofuels

ExxonMobil acquires stake in Norwegian biofuels company in a move to expand its interests in biofuels
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13.01.2022

MOSCOW (MRC) -- ExxonMobil is expanding its interests in biofuels that can help reduce GHG emissions in the transportation sector, acquiring a 49.9% stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components, according to Hydrocarbonprocessing.Biojet AS plans to develop up to five f

Full article at mrcplast.com

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