Taurus Energy has signed a letter of intent with the French company Compagnie Industrielle de la Matière Végétale – CIMV for the development and production of second-generation biofuel.

Taurus Energy will provide its modified yeast strain, XYLOFERM™, and its know-how to the joint project, which is initially planned to run for three years.
Under the collaboration agreement, Taurus Energy and CIMV will co-operate on both the development and the preparations for production of second-generation ethanol as an environmentally low-impact fuel. The two companies intend to work on the complete process for the production of second-generation ethanol – i.e. pre-treatment, testing sugar solutions, which contain xylose and glucose and, finally, fermentation using Taurus energy’s yeast strain.

Read the press release below

Press release 20140310