ConocoPhillips says “yes” on ethanol acquisitions; prefers next-gen biofuel companies as targets

In Texas, ConocoPhillips CEO James Mulva said “We want to get into the business development of ethanol. We have a big refining system and we want to integrate more ethanol into that.” He indicated that the company would prefer to make acquisitions in second-generation biofuels, but did not rule out existing technologies or companies.

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