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Compagnie Generale des Etablissements Michelin SCA, Axens and IFP Energies Nouvelles Launch Research Partnership Backed by French Agency for the Environment and Energy Financing


Monday, 11 Nov 2013 07:00pm EST 

Compagnie Generale des Etablissements Michelin SCA announced together with Axens and IFP Energies nouvelles the launch of a plant chemistry research partnership that aims to develop and bring to market a process for producing bio-sourced butadiene, or bio-butadiene, called BioButterfly process. BioButterfly is backed by a EUR 52 million budget extending over eight years. The project was also selected by France's Agency for the Environment and Energy Management (ADEME) to receive EUR 14.7 million in financing as part of the Investing in the Future program. 

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