Iogen, Shell expand partnership
Ottawa-based Iogen Corp. and Royal Dutch Shell PLC have extended their partnership to accelerate the development and production of cellulosic ethanol. The companies first partnered in 2002 when Shell purchased an equity stake in Iogen. As part of the extension, Shell will increase its shareholding percentage in Iogen's subsidiary technology development firm from 26.3 percent to 50 percent. The oil giant will also contribute to full-scale cellulosic ethanol production feasibility and design assessment work being conducted by Iogen.