2010-07-14

Collaboration Agreement with
New Generation Biofuels

BWE has entered into a Memorandum of Understanding with New Generation Biofuels (NGBF), a US based renewable biofuels technology company, to cooperate to expand the use of NGBF's leading renewable biofuels technology with BWE's engineering expertise in power generation and green renewable applications.

BWE's engineering capabilities and longstanding experiences in combustion systems along with NGBF's production know-how and proprietary technology will be a powerful combination for addressing the needs of customers across the globe and a substantial contribution to the CO2 emission reduction.