Beta Renewables sees 2015 as boom year for cellulosic biofuels

U.S. cellulosic biofuel goals not reached - Beta sees industry stepping up output by 2015 - New players could emerge from eastern Europe

Biofuels made from wood waste and sugarcane have languished well below expectations for years but newproduction coming on line promises explosive growth by 2015, the chief executive of producer Beta Renewables said on Monday.

The United States produced just 20,000 gallons of so-called cellulosic biofuel last year, according to the U.S. Energy Information Administration. That was a mere 0.04 percent of a 500-million-gallon target the U.S. government set in 2007.

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Tags: demand, biomass, bagasse, sorghum, cellulosic ethanol, biochemicals, wheat straw, rice straw, arundo, eucalyptus, poplar


Reuters, 2013-03-04.


Beta Renewables
Chemtex Group
Mossi & Ghisolfi Group
TPG Capital® (formerly: Texas Pacific Group®)
US Energy Information Administration (EIA)


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