Fuels or Chemicals?
(Checkbiotech) A new OECD report, The Bioeconomy to 2030: Designing a Policy Agenda, proposes that biotechnology is the key to tacking future global challenges. Biotechnology has great potential, which has been already demonstrated in the sectors of pharmaceutical and agriculture. However, the contribution of biotechnology to the sustainable development of industry is still minor.
Currently many companies are investing the biofuel industry. … Can we say that the development of these companies is waste of time and money? Clearly not. It is a very important step towards efficient utilization of biomass raw materials, which ultimately will replace petroleum to become the major material for industrial processing. READ MORE
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