DuPont Leader Reviews Strategy to Bring Next Generation Biofuels to Market

John Ranieri Addresses World Biofuels Markets Conference in Brussels



Mar 09, 2007, 00:00 ET from DuPont

    BRUSSELS, Belgium, March 9 /PRNewswire-FirstCall/ -- Speaking as one of
 the keynote speakers at the World Biofuels Markets here today, DuPont
 Biofuels Vice President & General Manager John Ranieri provided an update
 on the company's initiatives to deliver technologies that use non-food
 agricultural feedstocks to produce biofuels as well as its efforts with
 partner BP to introduce biobutanol and advanced biofuels into the European
 market.
     "Our bio-based materials strategy began with the premise that products
 must be both high-performance and environmentally sustainable to win in the
 global markets in which we operate today," Ranieri said. "DuPont has
 followed this strategy and is now delivering products with uncompromised
 performance that are also sourced from renewable, farm grown feedstocks.
 Biobutanol is a good example of improved performance and environmental
 sustainability for biofuels."
     DuPont has a three-part biofuels strategy that includes: improving the
 yield of grain ethanol production through the research and technology
 expertise of subsidiary Pioneer Hi-Bred International; developing
 technologies to convert other agricultural feedstocks and energy crops into
 biofuels; and discovering new technologies to make advanced biofuels with
 enhanced fuel properties.
     Improve Existing Ethanol Production: The first part of DuPont's
 strategy is increasing yield per acre and enhancing ethanol yield of corn
 grain through biotechnology, enhanced and traditional breeding techniques,
 and ethanol yield prediction analysis of its corn hybrids.
     Technology to Produce Cellulosic Biofuels: DuPont and the U.S.
 Department of Energy (DOE) are jointly funding a research program to
 develop technology to convert non-food agricultural feedstocks into
 ethanol. This program is focused on corn stover - the leaves, stalks and
 cobs that are left in the field after harvest. The technology was licensed
 to Broin, the largest dry- grind ethanol producer in the United States.
 Last week, the DOE awarded up to $80 million in funding to Broin Companies
 to accelerate the construction of a commercial-scale bio-refinery at
 Broin's Emmetsburg, Iowa, facility. Ranieri outlined how the energy ratio -
 energy delivered to a customer divided by the energy used to create
 cellulosic biofuels - is greater than both the energy ratio for grain
 ethanol and gasoline.
     Biobutanol Partnership with BP and Advanced Biofuels Pipeline: DuPont's
 partnership with BP to develop biobutanol is based on its strategy to bring
 advanced biofuels to market to expand the use of biofuels in gasoline.
 Biobutanol will be the first advanced performance product available from
 this partnership. It resolves fuel stability issues in that
 biobutanol-gasoline blends can potentially be distributed via the existing
 fuel supply infrastructure; it improves blend flexibility allowing higher
 biofuels blends with gasoline; it improves fuel efficiency (better miles
 per gallon) compared to incumbent biofuels; and, it enhances
 ethanol-gasoline blends by lowering the vapor pressure when co-blended with
 these fuels. Biobutanol is targeted for introduction later this year in the
 United Kingdom. Additional global capacity will be introduced as market
 conditions dictate.
     DuPont (NYSE:   DD) is a world leader in the development and
 manufacturing of high-performance materials that provide environmentally
 sustainable solutions utilizing renewable, farm-grown feedstocks rather
 than petroleum. The company is committed to delivering new technologies to
 the growing renewable fuels and materials markets which includes improving
 biofuels production through improved seed and crop protection products;
 developing new technologies to allow conversion of cellulose to biofuels;
 and, developing next-generation biofuels.
     DuPont - one of the first companies to publicly establish environmental
 goals 16 years ago - has broadened its sustainability commitments beyond
 internal footprint reduction to include market-driven targets for both
 revenue and research and development investment like biofuels. The goals
 are tied directly to business growth, specifically to the development of
 safer and environmentally improved new products for key global markets,
 including products based on non-depletable resources, like biofuels.
     DuPont is a science-based products and services company. Founded in
 1802, DuPont puts science to work by creating sustainable solutions
 essential to a better, safer, healthier life for people everywhere.
 Operating in more than 70 countries and regions, DuPont offers a wide range
 of innovative products and services for markets including agriculture and
 food; building and construction; communications; and transportation.
 
 

SOURCE DuPont
    BRUSSELS, Belgium, March 9 /PRNewswire-FirstCall/ -- Speaking as one of
 the keynote speakers at the World Biofuels Markets here today, DuPont
 Biofuels Vice President & General Manager John Ranieri provided an update
 on the company's initiatives to deliver technologies that use non-food
 agricultural feedstocks to produce biofuels as well as its efforts with
 partner BP to introduce biobutanol and advanced biofuels into the European
 market.
     "Our bio-based materials strategy began with the premise that products
 must be both high-performance and environmentally sustainable to win in the
 global markets in which we operate today," Ranieri said. "DuPont has
 followed this strategy and is now delivering products with uncompromised
 performance that are also sourced from renewable, farm grown feedstocks.
 Biobutanol is a good example of improved performance and environmental
 sustainability for biofuels."
     DuPont has a three-part biofuels strategy that includes: improving the
 yield of grain ethanol production through the research and technology
 expertise of subsidiary Pioneer Hi-Bred International; developing
 technologies to convert other agricultural feedstocks and energy crops into
 biofuels; and discovering new technologies to make advanced biofuels with
 enhanced fuel properties.
     Improve Existing Ethanol Production: The first part of DuPont's
 strategy is increasing yield per acre and enhancing ethanol yield of corn
 grain through biotechnology, enhanced and traditional breeding techniques,
 and ethanol yield prediction analysis of its corn hybrids.
     Technology to Produce Cellulosic Biofuels: DuPont and the U.S.
 Department of Energy (DOE) are jointly funding a research program to
 develop technology to convert non-food agricultural feedstocks into
 ethanol. This program is focused on corn stover - the leaves, stalks and
 cobs that are left in the field after harvest. The technology was licensed
 to Broin, the largest dry- grind ethanol producer in the United States.
 Last week, the DOE awarded up to $80 million in funding to Broin Companies
 to accelerate the construction of a commercial-scale bio-refinery at
 Broin's Emmetsburg, Iowa, facility. Ranieri outlined how the energy ratio -
 energy delivered to a customer divided by the energy used to create
 cellulosic biofuels - is greater than both the energy ratio for grain
 ethanol and gasoline.
     Biobutanol Partnership with BP and Advanced Biofuels Pipeline: DuPont's
 partnership with BP to develop biobutanol is based on its strategy to bring
 advanced biofuels to market to expand the use of biofuels in gasoline.
 Biobutanol will be the first advanced performance product available from
 this partnership. It resolves fuel stability issues in that
 biobutanol-gasoline blends can potentially be distributed via the existing
 fuel supply infrastructure; it improves blend flexibility allowing higher
 biofuels blends with gasoline; it improves fuel efficiency (better miles
 per gallon) compared to incumbent biofuels; and, it enhances
 ethanol-gasoline blends by lowering the vapor pressure when co-blended with
 these fuels. Biobutanol is targeted for introduction later this year in the
 United Kingdom. Additional global capacity will be introduced as market
 conditions dictate.
     DuPont (NYSE:   DD) is a world leader in the development and
 manufacturing of high-performance materials that provide environmentally
 sustainable solutions utilizing renewable, farm-grown feedstocks rather
 than petroleum. The company is committed to delivering new technologies to
 the growing renewable fuels and materials markets which includes improving
 biofuels production through improved seed and crop protection products;
 developing new technologies to allow conversion of cellulose to biofuels;
 and, developing next-generation biofuels.
     DuPont - one of the first companies to publicly establish environmental
 goals 16 years ago - has broadened its sustainability commitments beyond
 internal footprint reduction to include market-driven targets for both
 revenue and research and development investment like biofuels. The goals
 are tied directly to business growth, specifically to the development of
 safer and environmentally improved new products for key global markets,
 including products based on non-depletable resources, like biofuels.
     DuPont is a science-based products and services company. Founded in
 1802, DuPont puts science to work by creating sustainable solutions
 essential to a better, safer, healthier life for people everywhere.
 Operating in more than 70 countries and regions, DuPont offers a wide range
 of innovative products and services for markets including agriculture and
 food; building and construction; communications; and transportation.
 
 SOURCE DuPont