American Refining Group: American Refining Group invests in Novvi to accelerate renewable base oils, lubricants

In California, American Refining Group has committed to a 33.3% equity investment into Novvi , a joint venture of Amyris and Cosan. Both Amyris and Cosan will continue to hold share ownership stakes in Novvi, together with ARG. It's not a tiny market by any means. The global markets for base oils and lubricants, are expected [...]