Taurus Energy AB of Sweden and IndianOil Corporation Limited are happy to announce the formation of a collaboration aiming at exploring pentose fermentation for the production of second-generation ethanol to be used as biofuel. Within the realms of the collaboration IOCL will evaluate Taurus Energy's pentose-converting yeast system Xyloferm in efforts to better utilize cellulosic sugars from agricultural waste biomass. IOCL is India's flagship Maharatna national oil company with business interests spread across the entire hydrocarbon value chain. IOCL have recently decided to invest in the second-generation biofuels and have materialized plans to build three biorefineries in India where lignocellulosic biomass will be used to produce bioethanol. The investment is spurred by the Indian Government policy of 2018 to achieve 20% biofuel blending in the fuel reserve by 2030. Taurus Energy has been selected as a technology partner for this research project through workshops facilitated by Business Sweden, and has entered into an evaluation agreement through which the technical capability of Xyloferm will be investigated.