Nov 24 2010
SG Biofuels, involved in growing quality Jatropha oil seeds, has formed an alliance with Bunge North America, an associate of Bunge, to conduct research and introduce a method to convert the Jatropha seeds into a raw material to produce biofuel.
Bunge will work along with other partnering companies such as Life Technologies, a biotechnology tools manufacturing company, Flint Hills Resources, a petrochemical refining company and a fully-owned auxiliary company of Koch Industries, and a host of other companies in the development of Jatropha into a cheap and alternative biofuel. The companies will ensure fulfilling the necessities of the value chain such as introducing a proper application of soil and plant sciences, land management and production of crop to the end processing and refining of the ultimate biofuel product. Bunge along with the other two companies will offer an all included proposal to enable the clients to manufacture crude jatropha oil in large quantities and make profit.
Earlier SG Biofuels had brought in JMax 100, an improved Jatropha variety, exclusively developed for the growing environments in Guatemala with 100% improved yield than the other prevalent seed variants. The company has lately declared that it has formulated a new crossbreed seed production know-how to provide improved production and higher level energy yields while considerably reducing the production costs for the seed producers.