SG Biofuels to Expand Jatropha Research and Development Center in San Diego

FavStocks.com
By Green Car Congress on 08/04/2010 – 6:00 am PDT

SG Biofuels, Inc., a bioenergy crop company focused on the development and production of elite seeds of Jatropha, plans to establish an advanced Jatropha research and development center located in San Diego, Calif.

Through advanced breeding and biotechnology tools, SG Biofuels is improving Jatropha that significantly enhance yields while reducing production costs. Earlier this year the company introduced its first elite Jatropha cultivar—JMax 100—with projected yields 100 percent greater than existing commercial varieties of the crop, increasing profits for growers by more than 300 percent. Production costs for JMax 100 are approximately $1.40 per gallon.

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