BP exits jatropha biofuel project to focus on ethanol

Bloomberg News

July 17, 2009, 6:37AM



BP Plc, Europe's second-largest oil company, will exit its jatropha biofuel

project with D1 Oils Plc to focus on production of ethanol in Brazil and the

U.S. and advance biobutanol development.



“To ensure the success of these investments, BP is concentrating new business

development in these areas and will no longer be directly involved in the

jatropha as a biofuel feedstock,” Sheila Williams, a London-based company

spokeswoman, said today in an e-mail.



http://www.chron.com/disp/story.mpl/business/6533823.ht