SAO PAULO, May 12, 2014 /PRNewswire/ -- Boeing [NYSE: BA] and Embraer S.A. (BM&F Bovespa: EMBR3, NYSE: ERJ) today announced that they will open a joint research center to advance a sustainable aviation biofuel industry in Brazil.
Under a memorandum of understanding, the two companies will perform joint biofuel research, as well as fund and coordinate research with Brazilian universities and other institutions. The research will focus on technologies that address gaps in a supply chain for sustainable aviation biofuel in Brazil, such as feedstock production and processing technologies. The companies' biofuel research center will be located in Sao Jose dos Campos Technology Park.
Boeing, Embraer to Open Joint Research Center for Sustainable Aviation Biofuel - May 12, 2014
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