Wednesday, March 2, 2011

DuPont exec: Company to become renewables 'powerhouse' by 2015

Ethanol Producer Magazine
By Kris Bevill February 24, 2011

DuPont Applied BioSciences President Craig Binetti told attendees of a recent clean technology conference that DuPont expects the biofuels industry worldwide to grow by $25 billion in the next five years and it plans to contribute to the expansion through its cellulosic ethanol and biobutanol ventures.

“While ethanol and biobutanol each have the potential to add value to the global biofuels market, a three-component blend of ethanol-biobutanol-gasoline has significant advantages as well,” Binetti said. “We are positioning ourselves so we are advantaged when the rapid growth occurs in advanced renewable fuels over the next decade.”

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