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cggrp2000
1 Comment
Is Cellulosic Ethanol Always the Bridesmaid? [view article]
Based on complex models for market penetration, Sygenta and Mckinsey project a global market for cellulosic ethanol of 20-25 billion gallons respectively. In its basic scenario, Syngenta presumes that cellulosic ethanol will gain momentum as of 2015, and the entire biofuels market to grow at 14% per annum. In its optomistic scenario,it assumes an early technology breakthrough in cellulosic ethanol resulting in a global market of 45 billion gallons.The worlwide production of cellulosic ethanol will amount to at least 16.5 billion gallons in 2020, if the targets set in the US, China, EU, Japan and Brazil are achieved. Apr 03 02:33 PM