Advanced Biofuels, Chemicals Capacity to Reach 5.89 Billion Gallons by 2017
by Jim Lane (Biofuels Digest) In Florida, Biofuels Digest is reporting that global advanced biofuels and renewable chemicals capacity will reach 5.89 billion gallons by 2017, up from 5.11 billion gallons by 2016 reported in the November 2011 release, 4.37 billion reported in May, and 3.95 billion gallons reported in January, based on company announcements to date and Digest estimates.
Today, the Digest released the latest version of its free Advanced Biofuels Project Database, which tracks advanced biofuels and renewable chemicals capacity for the 2011-2017 period. Previously the Database tracked projects through 2016.
Both pure-play biofuels and renewable chemicals projects are include, plus integrated biorefineries that are capable of producing food, feed, fiber, fuels and chemicals.
… The database tracks what are broadly referred to as “next-generation” technologies and feedstocks; the production of biofuels using traditional technologies, and traditional crops such as cane, corn, and soybeans is not tracked here, even though some of these fuels (such as Brazilian sugarcane ethanol and most forms of biodiesel) qualify as “advanced biofuels” under EPA rules that govern the US Renewable Fuel Standard.
…BP, Shell, Total, Chevron, Petrobras, Petronas, Marathon, DuPont, Dow, BASF, Bao Steel, Roquette, PTT Chemical, FHR, Valero, Waste Management, and INEOS are among those investing in the commercialization of advanced industrial biotechnology, as well as airline giants such as British Airways and Qantas who are seeking alternative sources of fuel. READ MORE