Green Biologics announces merger with butylfuel

UK industrial biotechnology company Green Biologics has announced a merger with butylfuel, a US renewable chemicals and biofuels company.

The company will operate under the Green Biologics name and continue to be head-quartered in Abingdon, UK, with an operational presence and commercial focus in the US contributed by butylfuel, which will become Green Biologics.

The effective date for the all-equity merger is 1 January 2012.