Bio-Based Feedstock Movement Gaining Momentum

Europe has found a future in agricultural production in the north-west corner of the continent. Researchers have found that the cost to produce sugar in that part of the continent would be among the lowest in the world. The estimate by Deloitte is that Europe could produce nearly 30% more agricultural products than they already are, rivaling the sugar cane production in Brazil as well as corn production in the Midwest United States. Bio-based industries currently make up about 1% of the European Economy, where as the investors want to look for a way to bolster that to around 10%. This is now possible, and with this new development in the prosperity of the European land this now means that 95% of all products today can be bio-based.

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