Evry (France), June 17th, 2013 – Global Bioenergies – NYSE Alternext Paris: FR0011052257 ALGBE – the industrial biology company that develops sustainable biological processes to produce light olefins, announces that ODDO Securities is initiating today the research coverage of its stock with a buy recommendation.
Following Gilbert Dupont and Edison Investment Research, ODDO Securities brings to three the number of financial analysts that cover Global Bioenergies’ stock. Full reports can be ordered directly from the firms named above.
About GLOBAL BIOENERGIES
Global Bioenergies is one of the few companies worldwide, and the only one in Europe, that is developing a process to convert renewable resources into hydrocarbons through fermentation. The Company initially focused its efforts on the production of isobutene, one of the most important petrochemical building blocks that can be converted into fuels, plastics, organic glass and elastomers. Global Bioenergies continues to improve the yield of its process and prepares the phase dedicated to industrial pilot testing. The company recently replicated this success to propylene and butadiene and is also looking to continue with other members of the gaseous olefins family, key molecules at the heart of petrochemical industry. Global Bioenergies is listed on NYSE Alternext Paris (FR0011052257 – ALGBE).
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