Clariant’s Business Line Biofuels and Derivatives announced on August 15 during a joint presentation at the 7thAsia-Pacific Biomass Utilization Summit in Guangzhou that a strategic partnership has been formed with Chemtex Global Corporation for the realization of second-generation biofuel projects. Under the partnership, the two parties will collaborate to market and sell Clariant’s sunliquid®technology licenses, as well as services and supplies for advanced biofuel plants in China.
second generation biofuels
Second Generation Biofuels Market is Expected to Reach $23.9 Billion, Global, by 2020
According to a new report by Allied Market Research titled “Global Second Generation Biofuels -Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 – 2020”, the global second generation biofuels (Advanced Biofuels) market would reach $23.9 billion by 2020, registering a CAGR (Compound Annual Growth Rate) of 49.4% during 2014 – 2020.