Biotechnology Will Help Meet Demand for Food and Fuel, BIO Says.Biotechnology Makes "Food vs. Fuel" a False Choice WASHINGTON -- Biotechnology is helping American farmers continue to supply an economic, environmentally sustainable supply of food and raw material for biofuels, the Biotechnology Industry Organization Biotechnology Industry Organization or BIO was founded 1993 in Washington, DC. James C. Greenwood is BIO's current President. External links
exocrine pancreatic insufficiency. report underestimates the impact biotechnology will have in increasing yields of both corn and ethanol from corn as well as producing ethanol from cellulose, meeting worldwide demand for both food and fuel. "Agricultural biotechnology is helping farmers increase corn yields so we can make more ethanol," stated BIO President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Jim Greenwood. "In addition, industrial biotech companies are developing new enzymes that make current ethanol processes more efficient and will soon allow the economical conversion of cellulosic crop residues to fuel. With ongoing advances in biotechnology, biofuels can help America meet nearly half its transportation-fuel needs by the middle of this century." BIO's recently released report, "Achieving Sustainable Production of Agricultural Biomass for Biorefinery Feedstock," outlines current and future feedstock supply challenges for the biofuel bi·o·fuel n. Fuel such as methane produced from renewable resources, especially plant biomass and treated municipal and industrial wastes. bi industry and discusses incentives to spur sustainable production, harvest and delivery of agricultural cellulosic biomass. The report shows that corn stover Corn stover consists of the leaves and stalks of maize (Zea mays ssp. mays L.) plants left in a field after harvest. It makes up about half of the yield of a crop and is similar to straw, the residue left in field after harvest of any cereal grain. and cereal straw can supply 200 million dry tons of feedstock annually within three to five years, tripling current ethanol from corn production. The report is available http://www.bio.org/ind/biofuel/SustainableBiomassReport.pdf. "The Earth Policy Institute's calculations fail to take into account recent developments in the ethanol industry that will ramp up Ramp Up To increase a company's operations in anticipation of increased demand. Notes: A company might 'ramp up' operations if they just signed a contract creating substantially more demand for their product. See also: Demand, Economies of Scale production of ethanol from cellulose," said Brent Erickson, executive vice president of BIO's Industrial and Environmental Section. "The technology for production of ethanol from cellulose is ready today. With industrial biotech processes ready for deployment and production -- by companies such as Abengoa, Iogen, Broin, Mascoma and others -- and currently available feedstock from agricultural residues such as corn stalks, ethanol production could reach three times current levels within three to five years as ethanol from cellulose is added to the current biofuel technology mix." BIO represents more than 1,100 biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. , academic institutions, state biotechnology centers and related organizations across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and 31 other nations. BIO members are involved in the research and development of healthcare, agricultural, industrial and environmental biotechnology products. Upcoming Events BIO CEO & Investor Conference Feb. 12-14, 2007, New York City 2007 World Congress on Industrial Biotechnology and Bioprocessing March 21-24, 2007, Orlando, FL BIO International Convention May 6-9, 2007, Boston, MA |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion