A Cambridge, Mass. biosciences company that makes plastics, chemicals and energy from renewable crops rather than petroleum, Metabolix, Inc. (NASDAQ: MBLX) today announced that its subsidiary, Metabolix Oilseeds, obtained a $203,000 grant from the Saskatchewan Ministry of Agriculture (or USD $203,614.92) to test a crop called Camelina Sativa, or false flax, as a possible petroleum replacement. Camelina contains oil, fiber and protein with potential uses in nutrition for people and animals, and industrial applications including in biofuels. In 2009, Metabolix, Inc. won a $15 million grant from the USDA Cooperative State Research, Education, and Extension Service (CSREES) to make bioplastics that could replace HDPE, a petroleum-based variety used in bottles and containers, made on commercial scale equipment and at rapid manufacturing speeds...
Source: http://feedproxy.google.com/~r/Techcrunch/~3/9thcrfxuDMg/
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