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Tag Archives: economy
Pacific Rim Summit — Biobutanol: Overcoming the Barriers
The biobutanol panel at the 2009 Pacific Rim Summit on Industrial Biotechnology and Bioenergy had three dynamic speakers from the biobutanol industry: Pat Gruber, CEO of Gevo, Inc.; Jay Kouba, CEO of Tetravitae Bioscience and Rick Wilson, CEO of Cobalt Technologies. Besides the individual company presentations the conversation concentrated on technology, risk, barriers and financing on the path to commercialization. Jay Kouba related to the audience that the business plan with the best technology is Read More >
Energy Matters
Some say growth in the biofuel industry can play a significant role in fueling this country’s economic engine. For example, there are about three-dozen cellulosic biorefineries currently in various stages of planning or construction. Six of these are already in operation producing biofuels. Industry analyst Bio Economic Research Associates projects that advanced biofuel producers such as these can create more than one-hundred thousand new jobs by 2022. Many of these jobs will be in sectors Read More >
Data Also Disproves Food v. Fuel Claims
The Wall Street Journal’s Scott Kilman reported earlier this week on a letter sent by General Mills, the Grocery Manufacturers Association and Kraft Foods to Ag. Sec. Tom Vilsack, asking for reduction of trade tariffs on sugar. From Kilman’s article and the letter, it’s clear that grocery manufacturers are once again trying to distract public attention from their price increases by pointing a finger of blame at biofuels. Last year, you may recall, Roll Call Read More >
Investor Perception Study Predicts Future of Biotech Sector
The BIO/Thomson Reuters Investor Perception Study is an in-depth assessment of Wall Street’s views of the biotech industry, its current challenges, its relative valuation, and the outlook for 2009. The analysis aims to provide BIO members with an insider’s perspective on what the investment community values in the current economic climate and help foster more effective communication between company management, shareholders, and potential investors.
Global Sustainable Bioenergy Initiative Discussed at World Congress
Professor Lee Lynd of Dartmouth, who is also the CSO of Mascoma, addressed a plenary session the 2009 BIO World Congress on Industrial Biotechnology. He gave additional insight on the article he coauthored with David Tilman et al in a recent issue of Science and discussed the initiative that led to the article. According to Lynd, it has been suggessted that we should forego the biofuel option, but before we do we should ask three Read More >
