Noutati | Eficienţa Energetică

http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/wind/amyris-renewable-lubricant-jv-could-target-us-wind-industry.html

Renewable diesel producer Amyris and automotive product distributor US Venture plan to establish a joint venture to produce renewable lubricants for the US market.

The joint venture is likely to provide a vehicle for the commercialisation of Amyris’s line of renewable lubricants for turbines and gears, and could service the growing wind industry in the US.
The partners said in a statement that the joint venture would market and sell lubricants employing Amyris’s synthetic renewable base oils that are derived from Biofene.
They are aiming to sign definitive agreements for the venture in the second quarter of the year.
US Venture is expected to contribute commercial connections from its existing regional lubricants business, US Lubricants, to the new company. Meanwhile, Amyris will supply its proprietary synthetic renewable base oils to the venture.
‘This joint venture will be an important step in accelerating our capability to develop and commercialise our No Compromise renewable lubricants,’ said Amyris CEO John Melo.
Amyris will be the majority economic beneficiary of the joint venture, under the agreed terms. It operates in Brazil and the US through its subsidiaries Amyris Brasil and Amyris Fuels.