EUROPEAN COMMISSION CLEARS NEW INTERNATIONAL BIODIESEL JOINT VENTURE WITH FOOD COMPANY INVOLVEMENT

BY MONICA DOBIE THE EUROPEAN Commission has approved the creation of a new joint venture, which is the latest example of food companies teaming up with energy companies in biofuel initiatives. The green light was given to the joint venture comprising of British petrochemical manufacturer Ineos Enterprises Limited, French food co-operative Champagne Céréales and the German oil seed crusher and food oil producer C. Thywissen GmbH. The newly France registered company will crush oil seeds and produce biodiesel. The Commission did not stipulate any conditions of ...


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