Hi all. Just discovered SafeSpeed and very much like what I see. Membership will probably follow. For now, here is my maiden post. Attached is copied from an Industry newsletter. One wonders how these fuels will be treated for tax purposes.
BP and DuPont work on ethanol alternative
BP and DuPont recently said that they had created a partnership to
‘develop, produce and market a next generation of biofuels’, on which they have been working together since 2003. This was followed by an announcement that they were about to produce a plant-derived fuel, biobutanol, which is more advanced than ethanol. This gasoline bio-component is the result of the partnership’s association with British Sugar at an Associated British Foods factory that was being built to produce ethanol from sugar. BP is to invest upwards of £25 million and the UK has been targeted for its introduction into the world market. Nine million gallons of biobutanol should be in production by 2009. Du Pont says more advanced technology than at present will be in place by 2010, and plans have already been drawn up to invest more than £100 million each in some larger-scale UK plants. The partnership aims to introduce additional global capacity ‘as required’.
