euglena Co., Ltd. ( (JP:2931) ) has shared an announcement.
Euglena Co., Ltd. has been selected for a Japanese government subsidy program to conduct a feasibility study in Bangladesh for establishing a supply chain for sustainable aviation fuel (SAF) raw materials. The project aims to address the high demand and supply shortages of used cooking oil (UCO), a key SAF raw material, by exploring UCO collection and oilseed crop cultivation in Bangladesh, potentially creating local employment and contributing to carbon emission reduction.
More about euglena Co., Ltd.
Euglena Co., Ltd. operates in the biotechnology industry, focusing on social businesses in Bangladesh and promoting biofuel commercialization. The company has been involved in projects like the ‘Euglena GENKI Program,’ distributing nutritious cookies, and supporting local farmers.
YTD Price Performance: 0%
Average Trading Volume: 1,070,152
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen56.6B
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