Biobased economy

• Publisher: Elsevier Science
• Year: 2004
• Weight: 43 KB
• Volume: 2004
• Category: Article
• ISSN: 1351-4180
• DOI: 10.1016/s1351-4180(04)00338-1

✦ Synopsis

residual biomass. The US' 75 ethanol refineries produced a record 2.8 bn gallons in 2003. At least 12 new ethanol refineries are being built in the US. This is largely attributable to the development of more efficient enzymes, advances in genetically modified maize, and government subsidies. Approximately 5% of global chemical sales are derived in part from industrial biotechnology and this could reach 20% by 2010. Environmental products derived from biotechnology raw materials, for example for the automotive sector, are currently in development.