Amyris, Chevron to develop and market renewable base oil technologies [Seeking Alpha]
Amyris, Inc. (AMRS)
Last amyris, inc. earnings: 3/12 04:15 pm
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Source: Seeking Alpha
Amyris, Chevron to develop and market renewable base oil technologiesAmyris (AMRS+4.5%) moves sharply higher after announcing an agreement with Chevron (CVX-0.9%) tojointly develop and market new renewable base oil technologies; financial terms are not disclosed.AMRS, CVX and other firms already market renewable oils through their Novvi joint venture, and the new agreement expands the relationship to include base oil development and commercialization.The companies say the venture will combine Novvi's expertise in working with renewable feeds with CVX's expertise in hydroprocessing technologySee all stocks on the move »Now read:Chevron: A Dividend Stock I'll Never Buy »
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