The Biofuels Industry is Growing at a Rate of 25 to 50 percent Each Year.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c43907) has announced the addition of the First Research report: Biofuels Production - Industry Profile to their offering. The biofuels industry in the US includes about 200 companies with combined annual revenue of about $3 billion. Major companies include Archer Daniels Midland The Archer Daniels Midland Company (NYSE: ADM), is a conglomeration based in Decatur, Illinois. ADMoperates more than 270 plants worldwide, where cereal grains and oilseeds are processed into numerous products used in food, beverage, nutraceutical, industrial and animal feed , Cargill, BP, and Chevron. Most companies in the industry are small (under $10 million in revenue). Biofuels is a young industry growing at a rate of 25 to 50 percent each year. New entrants enter the field constantly and new technology breakthroughs are frequent. Federal and state government subsidies and loan guanrantees keep barriers to entry relatively low. COMPETITIVE LANDSCAPE Demand is driven by federal legislation and regulations that establish a government-mandated market for biofuels. The profitability of biofuel bi·o·fuel n. Fuel such as methane produced from renewable resources, especially plant biomass and treated municipal and industrial wastes. bi production facilities depends on prices of gas and diesel, which fluctuate based on world petroleum demand and domestic refinery utilization. Economies of scale in ethanol ethanol (ĕth`ənōl') or ethyl alcohol, CH3CH2OH, a colorless liquid with characteristic odor and taste; commonly called grain alcohol or simply alcohol. production are limited due to the transportation costs associated with gathering feedstocks (corn and other biomasses) and transporting the ethanol to blending sites. As a result, large companies operate multiple production facilities. Small companies can compete effectively by developing business relations with distributors and being able to assure delivery consistently. Revenue per employee in ethanol production facilities is about $1 million per year. PRODUCTS, OPERATIONS & TECHNOLOGY The major products of the biofuels industry are ethanol and biodiesel. Ethanol makes up over 90 percent of current US biofuels production of about 4 billion gallons per year. Ethanol production requires corn or other high-starch grains, water, chemicals, enzymes Enzymes Organic substances (proteins) composed of amino acids that trigger and regulate chemical reactions in the body. There are over 700 identified human enzymes. Mentioned in: Interactions, Nutritional Supplements and yeast yeast, name applied specifically to a certain group of microscopic fungi and to commercial products consisting of masses of dried yeast cells or of yeast mixed with a starchy material and pressed into yeast cakes. , and denaturants such as unleaded gas. In the dry milling process (used for about ... Covering over 175 industries and updated every 90 days, the First Research Industry Profiles do the "heavy lifting" for you - saving your sales team valuable research time, enhancing client communications and giving you the competitive edge to win more business. Easy-to-use and up-to-date, the Industry Profiles provide you with the industry research necessary to stay on top of constant changes in select industries. The First Research profiles help target your products and services directly to prospects. The Industry Profiles provide the information and understanding you need to engage new prospects during the sales process A sales process is a systematic approach for performing product or service sales. The reasons for having a sales process include seller and buyer risk management, achieving standardized customer interaction in sales and scalable revenue generation. , deepen deep·en tr. & intr.v. deep·ened, deep·en·ing, deep·ens To make or become deep or deeper. deepen Verb to make or become deeper or more intense Verb 1. customer relationships and strengthen your own bottom line. Topics Covered Industry Overview Quarterly Industry Update Business Challenges Trends and Opportunities Call Preparation Questions Financial Information Website and Media Links Glossary A term used by Microsoft Word and adopted by other word processors for the list of shorthand, keyboard macros created by a particular user. See glossaries in this publication and The Computer Glossary. of Acronyms Companies Mentioned -- Archer Daniels Midland -- Cargill -- BP -- Chevron For more information visit http://www.researchandmarkets.com/reports/c43907 |
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