Nano Labs Forms JV With DerTek for Mexican Biofuels Production

Nano Labs Corp. has inked an agreement to set up an equally-owned joint venture with DerTek to invest in biofuels production in Mexico.

The two companies will for a US-based JV that will develop, manufacture and commercialise biofuels. Mexico-based DerTek has developed a technology using catalyzers to produce biofuels from organic oils from raw materials that do not compete with the food sector.  The company currently produces 25 million litres of biofuels annually.

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