Thursday 12 December 2013

IOC inks agreement with VITO to produce fuels from CO2

Indian Oil Corporation’s (IOC) R&D Centre and VITO, Belgium, have signed a statement of intent (SOI) for joint research into utilization of CO2 as a renewable and sustainable feedstock for the production of fuels and chemicals.

This alliance between the company and VITO is for setting up a long term multidisciplinary collaborative R&D programme in the field of bio-electrochemistry. It rides on the fact that electro-bio-catalyzed conversion of CO2 to fuels and chemicals offers new possibilities to develop innovative approaches for CO2 re-use. This research will also be beneficial to climate change mitigation.

VITO (Flemish Institute for Technological Research) is a leading European independent research and consultancy centre in the areas of clean technology and sustainable development.

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