To make money in biofuels boom, think plastics
BioEnergy International is turning to biochemicals to survive in the low-margin world of biofuels.
The biofuels market has grown so rapidly the past two years that many people are already calling it the bursting of the proverbial investment bubble.
The tough economic situation is brought on in part by the rising price of corn--the source for nearly all ethanol. And a fuel's input, now in high demand, makes up about 60 percent to 70 percent of a fuel's production costs, said Stephen Gatto, CEO of BioEnergy International, who spoke at the Clean Energy Conference in Boston earlier this … Read more