Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg News

Total, Amyris Form Joint Venture to Turn Plants Into Fuels

December 01, 2011

(Updates with Total investment in second paragraph.)

Nov. 30 (Bloomberg) -- Total SA, Europe’s largest refiner by capacity, will form a joint venture with Amyris Inc. to produce and sell diesel and jet fuel made from plants.

The venture will begin operations in the first quarter of 2012, the companies said today in a statement. Total will also contribute $105 million to an existing $180 million research program that’s aimed at commercializing a process that converts organic sugars from plants into transportation fuels.

Amyris, the Emeryville, California-based biofuel company that’s 21 percent owned by Total, sells chemicals and transportation fuels made from plant sugars. The collaboration is an expansion of a partnership created in June 2010, when Total invested in Amyris. The venture will help Amyris commercialize its fuel products and provides Total with a new supply of fuel.

Shares of Amyris fell 0.2 percent to $10.40 at 10:15 a.m. in New York. Total rose 3 percent to 38.38 euros in Paris.

--Editors: Will Wade, Jessica Resnick-Ault

To contact the reporter on this story: Zachary Tracer in New York at

To contact the editor responsible for this story: Reed Landberg at

blog comments powered by Disqus