Bio Fuels/Enzyme Technology Novozymes Taps American Biofuels Market With New Facility at Nebraska
Enzymes specialist Novozymes want to participate in the US–biofuesl–boom: The company inaugurated an enzyme production in Blair, Nebraska. Creating 100 career positions and 400 construction jobs, the plant will specialize in making world-leading enzymes, a key technology component for both the existing and advanced biofuel markets.
Blair/Nebraska – “Advanced biofuels are taking off. With private investments like those demonstrated here, biofuel plants are opening around the world – and we're proud our Blair facility is prepared to supply enzymes to some of the first advanced biorefineries, as well as to the existing industry,” said Peder Holk Nielsen, Executive Vice President of Novozymes.
With the new US $ 200 million facility, the company plans to profit from the US biofuels boom: “The United States is the world’s largest biofuel market today, and many of the new advanced biofuel plants will be located in the U.S. Midwest, one of the main reasons we chose Nebraska for our new site,” Nielsen added. He sees the Blair facility as a critical part of Novozymes global production chain, adding to its existing plants in China, Brazil, Denmark and the United States.
Double–Digit Growth Rates for Renewables and Biofuels
In 2012-13, several advanced biofuel plants will open around the world, including Shengquan in China, Beta Renewables in Italy, GraalBio in Brazil and Fiberight in the United States. Global production capacity of advanced biofuels is expected to reach 15 million gallons in 2012, and for 2014, 250 million gallons are under planned construction.
The new BP Review of World Energy shows that renewable energies witnessed a 19 percent growth in 2011 (making it the ninth year of double digit growths for renewables in series). Biofuels alone rose by more than 13 percent, an increase that would have been even sharper if it had not been for a period of bad weather during summer 2011 in Brazil.
Can Biofuel Reduce Prices at US Gaspumps?
Today’s 10 percent blend of biofuels in U.S. gasoline reduces gas prices for consumers by about a dollar a gallon. With volatility in many key oil-producing regions and the cost of producing oil continuing to rise, biofuels can make an even bigger impact.
Read, where Nielsen sees untapped potentials for enwables and biofuels in the US and what policy makers think on page two...