MIT chemical engineers have devised a cheaper way to synthesize a key biofuel component, which could make its industrial production much more cost-effective. The compound, known as gamma-valerolactone (GVL), is attractive because of its versatility, says Yuriy Román, an assistant professor of chemical engineering and leader of the research team. It has more energy than ethanol and could be used on its own or as an additive to other fuels. GVL could also be useful as a “green” solvent or a building block for creating renewable polymers from sustainable materials.