Taurus Energy and IndianOil Corporation Ltd. to cooperate in biofuel development
Taurus Energy AB of Sweden and IndianOil Corporation Limited (IOCL) are happy to announce the formation of a collaboration aiming at exploring pentose fermentation for the production of second-generation ethanol to be used as biofuel. Within the realms of the collaboration IOCL will evaluate Taurus Energy’s pentose-converting yeast system Xyloferm® in efforts to better utilize cellulosic sugars from agricultural waste biomass.IOCL is India's flagship Maharatna national oil company with business interests spread across the entire hydrocarbon value chain. IOCL have recently decided to