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Virent's technology for converting sugar water into replacements for gasoline, jet fuel, and diesel gets a boost with a $46.4 million investment from Shell, Cargill, and existing investors.
Are hydrocarbons made from biomass a better route for biofuels? A Wisconsin start-up will build a pilot plant to turn plants into gasoline, jet fuel, or diesel fuels.
Second round brings $21 million to commercialize process for converting biomass to liquid fuels.