Swiss firm in talks with potential partners for biofuel project

Swiss firm in talks with potential partners for biofuel project

Switzerland-based Clariant is negotiating with potential partners in an advanced ethanol project that would take advantage of enzyme technology gained in its $2.5 billion acquisition of Sued-Chemie. Clariant is seeking a partner to develop a  next-generation biofuel facility with a 150,000-ton capacity, said Markus Rarbach, the company’s head of biofuels and derivatives unit. The company expects U.S. demand for homegrown fuel and Europe’s push for biofuel will open a niche for its product.

Bloomberg

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