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Energy, Biotechnology and Agribusiness Veterans Form SG Biofuels to Develop Jatropha as Low-Cost, Sustainable Oil
Date:2/2/2009

SG Biofuels assembles world's largest library of Jatropha genetic material

SAN DIEGO, Feb. 2 /PRNewswire/ -- Following three years of research, a team of energy, biotechnology and agribusiness veterans today announced the formation of SG Biofuels, a San Diego, CA-based plant oil company specializing in the development of Jatropha as a low-cost, sustainably produced source of oil.

Kirk Haney, President and Chief Executive Officer, introduced the company at the 2009 National Biodiesel Conference and Expo in San Francisco, CA, where he was the featured speaker on Jatropha.

"We're turning the opportunities of Jatropha into reality with a world-class team of scientists and geneticists, deep resources and expertise in Latin American agribusiness and a commitment to sustainable production," said Haney.

SG Biofuels' scientific team, led by Dr. Robert Schmidt, PhD., combines more than 100 years experience in plant molecular genetics and biotechnology, and includes three members of the National Academy of Sciences. The company has assembled the largest and most diverse library of Jatropha genetic material in the world, providing the opportunity to develop the most productive Jatropha strains.

Jatropha curcas is a non-edible shrub that is native to Central America. Its seeds contain high amounts of oil that can be used for a variety of bio-based materials including biodiesel and feedstock substitutes for the petrochemical and aviation fuel industries. It can be effectively grown on abandoned lands that are unsuitable for other crops.

Jatropha oil produced by SG Biofuels has been independently evaluated for its biodiesel qualities and verified to be a clean, stable source of fuel for bio
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SOURCE SG Biofuels
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