Update on low carbon fuels


Phillips 66 and ADM plan a joint venture in low carbon fuels.

ADM “dry mills in Columbus, Nebraska, and Cedar Rapids, Iowa, are among the country’s largest, with a combined capacity to produce 613 million gallons of ethanol a year”

" Axens SA, which provides technology to convert oil and biomass to lower-carbon fuels, in May agreed to provide its ethanol-to-fuels conversion technology to Phillips, ADM or a joint venture. The deal was a carve out between Paris-based Axens and Gevo Inc (GEVO.O), which had an exclusive license for the ethanol conversion technology."

Projects to make biodiesel from soybean oil or canola also described.

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