CCM International Ltd

Bright Future of Cellulosic Ethanol in China

 

Guangzhou, Guangdong -- (SBWIRE) -- 09/22/2011 -- CCM’s September Issue of Industrial Biotechnology China News has come out recently, revealing there is huge potential in China’s cellulosic ethanol market.

Cellulosic ethanol, representing a high-end clean energy, can replace the traditional grain ethanol. In fact, Japanese nuclear accident makes people concern more about the development of clean power. People are attracted by cellulosic ethanol because of its advantage of the widespread raw materials without pollution.

The Chinese government has repeatedly stressed the importance of cellulosic ethanol industry. Now the Chinese government will increase the investment of R & D in cellulosic ethanol's production technology, in order to speed up the cellulosic ethanol industrialization during 2011-2015, revealed by an expert who participates in the edition of "Biomass Development in the Twelfth Five -Year Plan".

The cellulosic ethanol industry will not only create 6 million job opportunities in China, but it will also bring USD5 billion revenue from the cellulosic ethanol market. It is reported that cellulosic ethanol will replace 31 million tonnes of gasoline per year, which can reduce 10% of the gasoline import in China. The report believes that China's enterprises will be the main beneficiaries in the cellulosic ethanol value chain, including construction of the cellulosic ethanol production line in domestic market and the potential international market with value of USD15 billion.

It is estimated that the development of cellulosic ethanol is urgently required in China in the future, especially the resources of gasoline that become rare and the serious environmental deterioration.

The following highlights are covered in Industrial Biotechnology China News 1109 :

-Wuhan Kaidi's biomass power plant has been under construction from July 28, 2011, in Huadian City, Jilin Province.

-COFCO's first phase of the cellulosic ethanol production line will lay a foundation in Zhaodong, in December 2011.

-QIBEBT has passed the laboratory stage of algae diesel successfully, and it plans to finish the pilot production at the beginning of 2012.

-Miscanthus will become an ideal bioenergy crop in China.

-Yunnan Normal University makes an breakthrough in industrialization of lipase-based biodiesel.

-Jiangsu Sopo will launch a syngas ethanol production line at the end of 2011.

-China may publish the Twelfth Five-Year Plan of Biotechnology Industry soon.

-Kingdomway wants to expand its DHA's production line by IPO, while it has to postpone issue of shares because of the scandal of pollution problems and the tort scandal of Co-Q10.

-Nisin will replace some part of the traditional preservative gradually, especially under the situation of food security crisis.

-In July 2011, China's import volume of butanol increased by 43.65% compared with that of butanol in June 2011.

-Long Success launches starch-based biomaterials production line in August, 2011.

-Kingfa plans to expand its capacity of PBS series in order to consolidate its market share in 2011-2015.

-China's PLA import volume has been slowly rising in recent months in 2011.

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