In California, Codexis is putting pressure on Shell to make a decision regarding the expansion of the research partnership between the two companies and Raizan. Although he pact expires in October, interim CEO Peter Strumph is confident that the partnership would continue. Codexis and Shell’s research into cellulosic ethanol is more than halfway completed, he said, and the companies are holding discussions about the development of the market, which is expected to grow from virtually no volume currently to up to 21 billion gallons in the United States alone by 2022.
More background on the story from the Digest
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