Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Tuesday, January 13, 2009

Phase II Biofuels: The Tie Between Biofuels and Chemicals From Biomass

MarketWatch - The Wall Street Journal
Last update: 2:46 p.m. EST Jan. 8, 2009

SRI Consulting Publishes 2008 Biofuels and the Impact on Chemicals

MENLO PARK, Calif., Jan 08, 2009 (BUSINESS WIRE) -- Two things are apparent concerning the biofuels industry. First, they are entering a new era. Second, their future as well as the future of many chemicals is linked together. Today, SRI Consulting (SRIC) published its new report: 2008 Biofuels and the Impact on Chemicals, providing its most comprehensive study on phase II biofuels, bioethanol, biodiesel, biobutanol, and many other products.

Over the last several years the growth of biofuels has been phenomenal, even though they are still a minor part of the motor fuel market - and are apt to remain that way for some time. Yet many companies are still developing new biofuel technologies and building new capacity, and many countries have ambitious plans for self-sufficiency through increased use of biofuels.

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