Biofuels Industry Takes Off

Young, Ian
July 2006
Chemical Week;7/5/2006, Vol. 168 Issue 23, p29
Trade Publication
This article reveals that Spain is on course to become one of the biggest producers of biofuels by the end of this decade. Spanish firms have announced, major plans to build biofuels production capacity and invest substantial amounts in biofuels R& D. The moves are in line with ambitious targets set by the Spanish government for biofuels consumption under a € 23-billion ($29.4 billion) national renewable energy program, Plan de Energí as Renovables, that was launched last year. Repsol YPF, Spain's biggest oil firm, is leading the way. INSET: High Oil Prices Dent Output Growth.


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