Neuron Bio Group and Repsol S.A. Formed JV to Produce Biofuels
CHEMMONITOR.COM - The Spain based JV Neol Biosolutions S.A. established by the Spanish multinational oil and gas company Repsol S.A. and by the Neuron Bio Group patented the microorganism Neoleum. This microorganism can produce highly versatile oils from waste at a faster rate if compare with oil-bearing seeds.
Microorganism under the trademark Neoleum is able to produce the oils, which are the raw material for the manufacturing of biofuels.