Cosmetics and pharmaceuticals could be next by-product of biofuel plants
Posted by admin on 28 Nov 2009 at 12:08 am | Tagged as: Biofuel
Biofuel plants could become more profitable by using by-products in the production of pharmaceuticals and cosmetics.
Elevance Renewable Sciences, with backing from Cargill, Dow Corning and the $45 billion Texas Pacific Group investment fund, is working with Iowa-based Renewable Energy Group to put technology in REG’s Newton, Iowa biodiesel plant to use biodiesel and soybean, corn and animal oils processed there to produce polymers, pharmaceuticals and cosmetics.
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