US: HRBP to buy Shell stake in algae JV

Hawaiian biofuel company HR BioPetroleum (HRBP) will acquire Shell’s shareholding in their joint venture Cellana, making it the sole owner as of 31 January 2011. In 2007, HRBP and Royal Dutch Shell formed Cellana as a separate joint venture to build and operate a demonstration facility to grow marine algae Subscribe to Automotive World to … Continued

• By Webmaster
• January 31, 2011