Tag: Shell Ventures

Shell Ventures invests C$30 million in Forge Hydrocarbons, U of Alberta spin-out

Shell Ventures invests C$30 million in Forge Hydrocarbons, U of Alberta spin-out

February 13, 2020 |

In Canada, FORGE Hydrocarbons announced an equity investment from Shell Ventures and a follow-on contribution from Valent Low-Carbon Technologies, which will help build a first-of-its-kind CAD$30 million commercial-scale, biofuel production plant in Sombra, Ontario. FORGE’s patented Lipid-to-Hydrocarbon (LTH) technology creates renewable jet fuel, diesel and naphtha from waste fats and oils. FORGE’s renewable diesel and […]

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