Increased
Biofuel Production to Propel New Chemical Businesses
SRI Consulting Releases
New Chemical Inputs and By-Products of Biofuels
Report
MENLO
PARK, CA. May 30, 2007 — Momentum
for biofuels is growing as a way to reduce greenhouse
gas emissions, provide sustainable energy sources and
ensure domestic supplies of energy. Legislation
is being written and mandates are being issued by governments
around the globe to increase production of sustainable
energy sources over the next couple of decades. Today,
SRI Consulting (SRIC) released its new Chemical
Inputs and By-Products of Biofuels report,
which examines the major biofuel processes and provides
an understanding of the impact of their chemical inputs
and by-products on the chemical industry.
Robert Davenport, Director of SRIC’s
Safe & Sustainable
Chemicals series, commented, "As the petrochemical
industry was developed in concert with the petroleum industry,
new chemical businesses will be developed as an outgrowth
of the biofuels industry. As more biofuels are produced,
there will be a demand for chemicals to assist in their production
and a concomitant increase in the number of chemical applications
from biofuel by-products.” Mr. Davenport added, “Many
by-products of the biofuels industry can be used as energy
sources, but chemicals provide a higher value.”
Russell Heinen, Vice-President of SRIC commented, “Due
to the rapid growth in biodiesel production, the potential
supply of glycerin may exceed ten times current demand. The
resulting drop in glycerin prices has prompted new technologies
to be developed that can take advantage of the new low-cost
feedstock. These new technologies could impact existing
producers of products that may soon be glycerin based.”
SRIC’s new Chemical Inputs and By-Products of
Biofuels report discusses the major biofuels that
will be produced over the next decade. The 111-page
report, part of the Safe & Sustainable Chemicals series,
projects the consumption of chemicals for several biofuels
based on estimated future production. Processes discussed
include biodiesel, bioethanol, biobutanol and others.
For additional information about the Chemical Inputs
and By-Products of Biofuels report, please contact
Robert Davenport at rdavenport@sriconsulting.com or
+1 650 384 4350. Please visit the website at www.sriconsulting.com for
SRI Consulting’s complete offering of market and
process technology reports on biofuels.
About SRI Consulting (SRIC)
SRI Consulting is the world’s leading business research
service for the global chemical industry. This report
was developed by SRI Consulting’s Safe & Sustainable
Chemicals group, which provides in-depth, independent technical
and business advisories for the chemical and energy industries.
Publishing for almost 60 years, SRI Consulting is the preeminent
source for in-depth business and process analysis. SRI
Consulting's headquarters are located in Menlo Park, California
with offices in The Woodlands, Texas; Zürich, Switzerland;
Tokyo, Japan; and Beijing, China. SRI Consulting is
a division of Access Intelligence, LLC. Additional
information is available at www.sriconsulting.com.
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