Issue Date: September 22, 2008
Total Invests In Alternative Fuels
French oil company Total is participating in Futurol, a consortium of French manufacturers, researchers, and financial institutions that wants to develop a process for making ethanol by fermenting lignocellulosic biomass. The consortium intends to spend $105 million on the project over the next eight years. The move follows an announcement that Total will participate in a Swedish consortium to make the diesel fuel substitute dimethyl ether via the gasification of black liquor, a by-product of the pulp and paper industry.
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