In 2010, look for:
Major strategic investment from chemicals and plastics firms – likely Dupont, Monsanto, or India’s Reliance — in a renewable chemicals platform based on biofuels processing technology.
The hint from 2009:
Charles O. Holliday, chairman of Dupont: “Industrial biotechnology is a technology whose time has come. For sixty years we have focused on long chain polymers – mylar, nylon, to name a few, and with biobased chemistry and fuels that’s what we’re looking at: a vein of technology so deep, it will spawn a host of innovations. We believe it has much more breadth than polymer chemistry. This climate change issue is that big. One of our challenges is to continue our lines of business, to keep the company together, while we develop these new projects.”
10 Biofuels Predictions for 2010: #6, Green chemicals and plastics boom is a post from: Biofuels Digest
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