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Airlines, USAF, DARPA Agreements Herald Arrival Of Biofuels

DDN

Tuesday, December 22nd, 2009

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By Eric Lindeman Two U.S. biofuel producers last week announced memoranda of understanding with more than a dozen domestic and international airlines that are likely to lead to supply contracts for renewable jet fuel, while a third company said it has entered into a technology licensing agreement for jet biofuel production under an initiative funded by the Defense Department's Defense Advanced Research Projects Agency. The MOUs, with biofuels producers AltAir Fuels and Rentech Inc. are aimed at multi-year supply agreements…

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