TotalEnergies, Veolia to Partner on Biofuel Production
July 06 2021 - 3:02AM
Dow Jones News
By Cecilia Butini
TotalEnergies SE and Veolia Environnement SA said Tuesday that
they would partner in a research project with the long-term goal of
producing biofuel.
The French energy company and the resource-management company
said they have joined forces to accelerate the development of
microalgae cultivation using carbon dioxide, with the ultimate goal
of transforming the algae into biofuels with low carbon
intensity.
According to the companies, Veolia will be in charge of
optimizing management of the microalgae's aquatic environment,
while TotalEnergies will work on the cultivation of biomass to
produce biofuels and on carbon-dioxide capture and utilization
technologies.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
July 06, 2021 02:47 ET (06:47 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
TotalEnergies (EU:TTE)
Historical Stock Chart
From Aug 2024 to Sep 2024
TotalEnergies (EU:TTE)
Historical Stock Chart
From Sep 2023 to Sep 2024