Bloomberg News

Japan’s Isuzu, Euglena to Begin Biodiesel Development With Algae

June 25, 2014

Isuzu Motors Ltd. (7202) and Euglena Co. (2931) will work together to develop a new kind of biodiesel using algae, with a goal of establishing the technology by 2018.

The companies want to develop a type of fuel that can be used on its own unlike existing kinds that need to be mixed with light oil, they said in a statement today.

“As long as we use light oil for diesel engines, emissions of carbon dioxide are inevitable,” Susumu Hosoi, president of Japanese truck maker Isuzu, said at a news conference. “It is important to diversify types of fuel” for resource-poor Japan, he said.

Euglena, a Japanese biotech venture, has been developing jet fuel from algae with airline operator ANA Holdings Inc., President Mitsuru Izumo said at the event.

Biodiesel is suitable as a fuel for long distances, he said.

To contact the reporter on this story: Chisaki Watanabe in Tokyo at cwatanabe5@bloomberg.net

To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net Iain Wilson, Jason Rogers


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