The town of Jennings was featured in the pages of The New York Times today in an article about the growing willingness of Big Oil to consider partnering with Ethenol and Biofuel developers. The interest expressed by big oil companies is coming in the nick of time for small companies that desperately need capital and cannot find it these days in the private markets. Take the case of Verenium Corporation, a small company based in Cambridge, Mass., that here in Jennings is testing new forms of biofuels in alliance with BP. Instead of ethanol made from food crops, the partners are devising a version from grasses in the sugar cane family. Full story by Clifford Krauss
here.
Photo by Michael Stravato for The New York Times
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