ExxonMobil and Renewable Energy Group ( REG ) are collaborating with Clariant for a joint research venture on biofuels . The agreement , which builds on an earlier agreement between hp and REG , will examine the potential benefits of sustainable biofuel using cellulosic ethanol from agricultural waste and other sources . The ultimate goal is to combine REG 's and Clariant 's existing processes into a seamless cellulosic biomass - to - ethanol process .
ExxonMobil and Renewable Energy Group (REG) are working with Clariant for a joint research project on biofuels. The agreement, which builds on an earlier deal between ExxonMobil and REG, will examine the potential benefits of creating biofuel using cellulosic sugars from agricultural waste and other sources. The ultimate aim is to combine REG's and Clariant's existing processes into a seamless cellulosic biomass-to-biodiesel process.