Press Releases

Assaf Oron, EVP Strategy & Business Development at Evogene, is to present at the WATEC ISRAEL 2011 International conference on water technologies, renewable energy and environmental control, taking place on November 15-17 at Tel Aviv exhibition center.

The presentation will be given on November 16, as part of the session ',the Israeli model for crossing the valley of death - renewable energy, biofuel, water & energy nexus technologies'.

Mr. Oron will present Evogene's Biofuel program, aimed at developing and commercializing seeds of second-generation feedstock to serve as a sustainable, viable and cost efficient source of oil for the growing biodiesel and biojet industries.

Evogene's Biofuel program is currently focusing on developing castor bean varieties, displaying high oil yield under rain-fed conditions, without competing with food crops, and suitable for fully mechanized management.

Utilizing advanced plant breeding and agro- technique tools, Evogene’s improved castor bean varieties are expected to substantially improve the economics of biodiesel, enabling oil feedstock production cost equivalent to approximately $50 per barrel, compared to an equivalent soybean oil price of $150 per barrel today.