IndianOil R&D and VITO, Belgium signs SOI
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IndianOil R&D and VITO, Belgium signs SOI

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New Delhi: IndianOil R&D and VITO, Belgium, have signed a Statement of Intent (SOI) for joint research into utilization of CO2 as a renewable & sustainable feedstock for the production of fuels & chemicals. This agreement was signed recently by Dr. RK Malhotra, Director (R&D), IndianOil and Mr. Dirk Fransaer, Managing Director of VITO in the presence of HRH Princess Astrid, Belgium and Mr. Didier Reynders, Deputy Prime Minister of Belgium.

VITO (Flemish Institute for Technological Research) is a leading European independent research and consultancy centre in the areas of clean technology and sustainable development.

IndianOil and VITO propose to set up a long term multidisciplinary collaborative R&D program in the field of bio-electrochemistry. It rides on the fact that electro-bio-catalyzed conversion of CO2 to fuels and chemicals offers new possibilities to develop innovative approaches for CO2 re-use. This research will also be beneficial to climate change mitigation.