ExxonMobil’s Advanced Biofuels program collaborates with multiple partners, such as Synthetic Genomics and Clariant, to develop renewable biofuels at scale using oil-producing algae in saltwater ponds and agricultural waste.
Select Press Announcements:
- ExxonMobil and Renewable Energy Group partner with Clariant to advance cellulosic biofuel research (Jan. 23, 2019):
“ExxonMobil and Renewable Energy Group (REG) said today that they have signed a joint research agreement with Clariant to evaluate the potential use of cellulosic sugars from sources such as agricultural waste and residues to produce biofuel, which has the potential to play a role in reducing greenhouse gas emissions.”
- ExxonMobil and Synthetic Genomics algae biofuels program targets 10,000 barrels per day by 2025 (March 6, 2018):
“ExxonMobil and Synthetic Genomics Inc. today announced a new phase in their joint algae biofuel research program that could lead to the technical ability to produce 10,000 barrels of algae biofuel per day by 2025.”
Leadership: Darren W. Woods (CEO), Vijay Swarup (VP of R&D)