There’s only one complete region for biobased where abundant feedstock, lack of oil & gas production, rising energy demand and supportive government policy come together – and that is Asia.
Biobased – from fuels to nutraceuticals, Asia has it all going – and in many cases, well out of first gear and the foot firmly on the accelerator. What’s driving it? Well, for sure the long-standing nexus for chemical companies in Asia, the dramatic growth of markets, and the relative scarcity of oil & gas for many countries.
But without a doubt, biobased products are on the rise throughout Asia. Here’s our special report as of the end of 2012.
Macro-Trends
1. Faster energy demand growth than any other region.
2. Less likely to have large fossil energy discoveries – those that are, will be focused on a handful of countries, not well-aligned with industrial growth.
3. Less affected than other regions by large discoveries of natural gas in North America, unless a pipeline is constructed.
4. Increasingly focused on triple bottom line including social, economic and environmental measures.
… Full text: www.biofuelsdigest.com/biobased/2012/12/25/special-asia-biobased-report/
Tags: China, India, Indonesia, Japan, Korea, Malaysia, Philippines, Thailand, Vietnam
Source
BiofuelsDigest, 2012-12-25.
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