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[DOWNLOAD] "BP and Verenium Announce Pivotal Biofuels Agreement; Verenium to Receive $98.3 Million and Retain Its Commercial Enzyme Business Including Validated Technology Platform to Apply to All Business Segments Including Biofuels" by ENP Newswire # Book PDF Kindle ePub Free

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BP and Verenium Announce Pivotal Biofuels Agreement; Verenium to Receive $98.3 Million and Retain Its Commercial Enzyme Business Including Validated Technology Platform to Apply to All Business Segments Including Biofuels

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  • Title: BP and Verenium Announce Pivotal Biofuels Agreement; Verenium to Receive $98.3 Million and Retain Its Commercial Enzyme Business Including Validated Technology Platform to Apply to All Business Segments Including Biofuels
  • Author : ENP Newswire
  • Release Date : January 19, 2010
  • Genre: Business & Personal Finance,Books,
  • Pages : * pages
  • Size : 76 KB

Description

ENPNewswire-19 July 2010-BP And Verenium Announce Pivotal Biofuels Agreement; Verenium to receive $98.3 million and retain its commercial enzyme business including validated technology platform to apply to all business segments including biofuels(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 15072010 - BP and Verenium Corporation (NASDAQ: VRNM) today announced an agreement for BP Biofuels North America to acquire Verenium's cellulosic biofuels business, including the Company's facilities in Jennings, LA and San Diego, CA for $98.3 million. Verenium will retain its commercial enzyme business, including its biofuels enzymes products and have the right to develop its own lignocellulosic enzyme program. Verenium will also retain select R&D capabilities, as well as rights to access select biofuels technology developed by BP using the technology it is acquiring from Verenium through this agreement.


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