Biofuels Digest
Thomas Saidak
March 4, 2011
In New York, DuPont Applied BioSciences President Craig F. Binetti, speaking at the Jeffries 11th Annual Clean Technology Conference, talked about Dupont’s intentions regarding biotechnology and biofuels. Dupont currently estimates the biofuels industry worldwide will grow from a $50 billion opportunity today to a $75 billion opportunity by 2015. The company has ongoing efforts to develop both fuels from renewable non-food biomass, cellulosic ethanol, and a drop-in biofuel, biobutanol, that behaves similar to gasoline.
“Globally, approximately 600 new plants will be required in the next decade to meet the anticipated global demand for cellulosic biofuel, and we expect a significant share of these will use DDCE technology,” Binetti said.
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