APRIL, 2012
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Global demand for ethanol and other biofuels is growing rapidly, with the U.S. and Brazil leading the way in both production and consumption. In LatAm, aside from Brazil, Colombia has taken strides toward becoming a major producer. But Mexico’s production is poised to grow as well. According to a recent Latin American Trade and Investment Association (Latia) report, its potential for biomass-generated production is 119,000MW per year, a big reason the same report declared that the country is “set to become a leader in renewable energy provision.”
This growth, says Vincent Cue, Director of Business Development at Modality Solutions and LatAm Advisor at Genesis Biosugars, will be fed primarily by U.S. demand, which is increasing in spite of the U.S.’s own robust domestic production......
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