euglena Co., Ltd. (JP:2931) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Euglena Co., Ltd. has resolved to make a final investment decision on a biorefinery project in Malaysia, planning to enter into a shareholders’ agreement with partners PETRONAS and Enilive S.p.A by August 2024. The collaborative venture will establish the joint venture company in Q4 2024, aiming to commence biorefinery operations by the second half of 2028 with expectations of producing up to 725,000 kiloliters of biofuels annually.
For further insights into JP:2931 stock, check out TipRanks’ Stock Analysis page.