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Chevron and Weyerhaeuser are to create a 50:50 joint venture company focused on ...

Chevron and Weyerhaeuser are to create a 50:50 joint venture company focused on developing the next generation of renewable transportation fuels from non-food sources. The joint venture - Catchlight Energy - will research and develop technology for converting cellulose-based biomass into economical, low-carbon biofuels.

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