Advanced Biofuel Companies Now In More Than Half Of U.S. States; Clean Fuel Standards Fueling Growth In Top States

Advanced Biofuel Companies Now In More Than Half Of U.S. States; Clean Fuel Standards Fueling Growth In Top States

 

California has nearly 30 advanced biofuel companies followed by Illinois, Colorado, Texas, and Iowa.  Overall there are a total of more than 80 advanced biofuel companies in over 27 states.  A new site www.fuelinggrowth.com examines the growth and potential of the domestic U.S. biofuel industry; showing state by state breakdowns and spotlights of companies in the sector.  The biofuel market could be worth more than $60 billion within the next decade with There are 26 biorefineries expected to open by 2015.  U.S and Canadian biofuel production capacity increased from 427 million gallons in 2011 to more than 685 million gallons in 2012 and is expected to reach 2.6 billion gallons by 2015.

 

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