Financial Times FT.com

Shell ‘five years from biofuel of plant waste’

By Ed Crooks in London

Published: November 7 2007 03:29 | Last updated: November 7 2007 03:29

Royal Dutch Shell hopes to have a “second generation” biofuel, which can be produced from plant waste rather than food crops, on the market in five years, the company said on Tuesday.

Graeme Sweeney, the head of fuels development, set the objective as he announced an expansion of Shell’s collaboration with Codexis, a California-based biotechnology company, to work on enzymes for extracting fuel from plant matter.

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