Shell and Global Bioenergies extend fuels research agreement
Global Bioenergies said it has achieved a key milestone in the Shell agreement signed in November 2022 in the field of renewable road fuels research. As a consequence, Shell and Global Bioenergies signed an extension to the initial agreement to pursue further research and start the development of innovative solutions based on Global Bioenergies’ process.
The first phase of their agreement evaluated new concepts based on high-octane gasoline components derived from bio-based feedstocks. Their collaboration will identify and develop manufacturing methods to produce the molecules required to create high-octane components. The agreement also allows for a period of exclusivity to further develop these innovative concepts in the future.
“Our relationship with Shell could not have started better, and we look forward to strengthening our partnership,” said Marc Delcourt, co-founder and CEO of Global Bioenergies.
“We see promising results, and are keen to extending our R&D agreement to push the boundaries and explore the possibilities provided by bio-sourced isobutene in the field of low carbon fuels,” said Matthias Mundt, general manager, Fuels Tech Future Mobility Portfolio, Shell.