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Chevron and Weyerhaeuser to collaborate on biofuel
Saturday, April 14, 2007 | No comments posted.
EUGENE (AP) - Chevron Corp. and Weyerhaeuser Co. have announced that they will team up to study the prospects for turning wood and wood byproducts into biofuel for sale at the pump.
The companies said the joint venture between the two industry giants would combine Chevrons expertise in fuel technology with Weyerhaeusers capacity to generate cellulose, the fibrous “backbone” of plants and trees and a promising component in the biofuel industry.
Both Weyerhaeuser and Chevron declined to discuss how much they're investing in the project, or what their time line is.
Oregon Weyerhaeuser spokesman Mike Moskovitz said he doesn't know whether the Weyerhaeuser facilities in Lane County will be involved in the research project.
The companies said the joint venture between the two industry giants would combine Chevrons expertise in fuel technology with Weyerhaeusers capacity to generate cellulose, the fibrous “backbone” of plants and trees and a promising component in the biofuel industry.
Both Weyerhaeuser and Chevron declined to discuss how much they're investing in the project, or what their time line is.
Oregon Weyerhaeuser spokesman Mike Moskovitz said he doesn't know whether the Weyerhaeuser facilities in Lane County will be involved in the research project.
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