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ICIS Updates European Market Outlook for Industrial Biotechnology

December 16th, 2013 | Posted by in Market and Industry

Courtesy of ICIS, which reports to be the world’s largest petrochemical market information provider, an update is available about progress being made in Europe to further accelerate industrial biotechnology and the bio-based products sector. Their story, entitled Market outlook: Industrial biotechnology moves up a gear, centers on evolving public-private partnerships, about which we blogged earlier, as well as issues unique to Europe: feedstock availability and policy issues that cross environment, transport and energy interests. For this alone the article is well worth a careful read. But it also delves into the term, definition, and implications of so-called ‘white biotechnology,’ and spotlights feedstock and fiscal challenges as well as a variety of other critical factors.

Two lines in the story, however, really caught my attention for their simplicity and obvious truth: Since the industrial revolution economic growth has risen in tandem with an increasing burden on the environment. Industrial biotechnology breaks this cycle by re-thinking traditional industrial processes.

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