ExxonMobil Expands Interest in Biofuels, Acquires Stake in Biojet AS
January 12, 2022
January 12, 2022
IRVING, Texas, Jan. 12 -- ExxonMobil, an energy provider and chemical manufacturer, issued the following news release:
ExxonMobil is expanding its interests in biofuels that can help reduce greenhouse gas emissions in the transportation sector, acquiring a 49.9% stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components.
* Lower-emissions biofuels and biofuel comp . . .
ExxonMobil is expanding its interests in biofuels that can help reduce greenhouse gas emissions in the transportation sector, acquiring a 49.9% stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components.
* Lower-emissions biofuels and biofuel comp . . .