Toyota Tsusho Takes Stake in

Biofuel Material Firm in

Singapore -

BIO DIESEL PLANT

Barbados nut – Psyhcic nut – Bio diesel plant

Toyota Tsusho Corp announced June 10, 2009, that it made investment in JOil Pty Ltd, a Singapore-based company researching and marketing plants for biofuel raw materials.

Toyota Tsusho is planning to start operating a seed and seedling business for “jatropha,” a non-food plant used as a material for biofuel, in Latin America with the view to developing jatropha farms in the future.

The company has been engaged in the biodiesel fuel (BDF) business by, for example, participating in BDF manufacturing process development. In the company’s BDF business, material costs account for more than half the entire cost of producing BDF. Therefore, it has been required to procure non-food materials on a stable basis at a low cost.

It is possible that jatropha will be supplied at a low price in the future because jatropha, a non-food tree, can easily be grown even on non-agricultural land.

Temasek Life Sciences Laboratory (TLL), a research institute funded by the Singaporean government, promotes the selective breeding of jatropha and established a tissue culture technology to produce large volumes of superior plants. JOil mass-produces and markets superior plants under an exclusive licensing agreement with TLL for the patent on this technology.

Sourced and published by Henry Sapiecha 1st July 2009

Posted on June 30th, 2009 by Editor
Filed under: BIO DIESEL, BIO MASS, DIESEL, SAVE ENERGY