Chevron, Weyerhaeuser form Catchlight joint venture to develop advanced biofuels, sustainable from “forest to fuel”
In Washington State, timber colossus Weyerhaeuser and Chevron announced a joint venture to explore cellulosic ethanol technologies. The new joint venture, Catchlight, will be based near Seattle at Weyerhaeuser’s offices, and will have up to 40 staff working on the research effort to develop non-foodstock based fuel, and a sustainable business model from “forest to fuel”. Specifically, the partner referred to the difficult challenges in harvesting biomass, converting to biofuels, and distributing to the market. The joint venture is an outcome of a research partnership between the two companies that commenced in the spring of last year.
The joint venture is the second forest-products deal announced by Chevron in recent months. Chevron Technology Ventures recently partnered with Georgia Tech, C2 Biofuels, the Georgia Research Alliance and one of the U.S. Department of Energy’s new BioEnergy Research Centers to explore the production of biofuels from forest products.
Also, Chevron Corp. and the U.S. National Renewable Energy Laboratory announced an algae-based biodiesel research project. The project will focus on development of high-lipid content strains of microalgae.
NREL closed down an 18-year algae research effort in 1996 after concluding that the technology was commercially viable, but increases in oil prices have changed their thinking.
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