An Israeli consortium comprising Evogene Ltd., Ormat Industries Ltd. US unit Orfuel Inc. and Lev Leviev Biofuel Namibia (Pty) Ltd. will develop, raise, and commercialize the castor plant in Namibia for the production of biodiesel. Castor is a non-food crop.
Lev Leviev Biofuel owns half of the joint venture, Evogene owns 37.5%, and Orfuel 12.5%. The joint venture will examine a number of castor plant varieties at a trial farm in Namibia. After selecting the most suitable varieties for the region, it will seek to commercialize these varieties and raise them in Namibia or other countries.
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