$15 billion ethanol market forecasted

By | March 01, 2006
U.S. ethanol sales will double, hitting $15 billion by 2012, according to engineer Andrew Eldib, a New Jersey-based consultant who's offering a new independent report that projects striking industry growth spurred largely by policy. The report predicts an increase in E85 sales and a transition from corn to cellulose feedstocks. "[The Energy Policy Act of 2005] will change the complexion of the industry," Eldib said. To obtain the complete study, contact Eldib at [email protected]