Industrial Biotechnology Briefing to Highlight Green Investing Video Presentation Explains How Biotech Processes Revolutionize

Domestic Energy Production



    WASHINGTON, Feb. 21 /PRNewswire/ -- Biotechnology has moved beyond the
 doctor's office to impact even the fuel we put in our cars.  That will be one
 of the messages delivered at the third annual briefing on industrial
 biotechnology for securities analysts and investors on Feb. 22, 2005.  The
 half-day briefing, hosted by the Biotechnology Industry Organization (BIO),
 will emphasize progress in the growing industrial enzyme, small molecule
 production, nanotechnology, bioenergy and biobased materials markets.
 Presentations will also highlight investment opportunities in "green"
 technologies, such as the production of clean-burning ethanol and cleaner
 manufacturing using biotechnology.  The invitation-only event will take place
 from 11:00 a.m. to 4:00 p.m. at the Waldorf=Astoria Hotel in New York City.
 Analysts and investors interested in attending should contact Sarah Lux at
 212-362-1200 or send an email with contact information to sarah@sternir.com.
     CEOs and senior managers from industrial biotechnology companies, such as
 DuPont, Diversa, DSM, Dyadic International, Iogen, Genencor International,
 Novozymes and Metabolix, will discuss industrial enzymes for cleaner
 manufacturing and chemical synthesis, and new biotech production methods for
 ethanol transportation fuel.  The briefing will begin with a video from BIO,
 "New Biotech Processes Revolutionize Domestic Energy Production."
     The video promotes a revolution in industrial biotechnology that is
 radically changing how companies make ethanol for transportation fuel.  The
 key driver in this new technology is the ability to change the cellulose in
 agricultural crop plant matter into sugars that can be fermented to produce
 ethanol and refined into other value-added products.  Industrial biotechnology
 companies such as Genencor and Novozymes have developed microbes that now make
 it economically feasible to produce ethanol not only from grain but also from
 corn stover, wheat straw, sugar cane waste and many other agricultural crop
 residues.  Over the next few years, biotechnology will enable American farmers
 to harvest not just one but two crops from every field -- a grain crop and a
 biomass crop.  In doing so the biotech revolution promises to create a
 positive economic upturn in rural America by growing markets for bioethanol
 and creating new jobs.
     The video can be viewed on the BIO web site,
 http://www.bio.org/ind/bioenergy.asx.  A shorter highlight reel can be viewed
 at http://www.bio.org/ind/bioenergy_highlight.asx.
 
     BIO represents more than 1,000 biotechnology companies, academic
 institutions, state biotechnology centers and related organizations in all 50
 U.S. states and 33 other nations.  BIO members are involved in the research
 and development of health-care, agricultural, industrial and environmental
 biotechnology products.
 
 

SOURCE Biotechnology Industry Organization
RELATED LINKS
http://www.bio.org

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