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The so-called "third-generation biofuels", similar to second-generation biofuels with an emphasize on the use of algae and cyanobacteria as a source of biofuel feedstocks, have an additional advantage as they take up a relatively small fraction of space when compared to first and second-generation biofuel sources, and may also help to reduce seawater eutrophication.
The United States produces mainly biodiesel and ethanol fuel, which uses corn as the main feedstock.The US is the world's largest producer of ethanol, having produced nearly 16 billion gallons in 2017 alone. [1]
Valero also purchased ownership interest in four major pipelines and eleven fuel terminals, a 14,000-barrel (2,200 m 3)-per-day aviation fuel business, and a network of more than 1,000 Texaco-branded wholesale sites. Valero has continued with the Texaco brand in these markets.
In this article, we discuss 10 best ethanol stocks to buy now. If you want to read about some more ethanol stocks, go directly to 5 Best Ethanol Stocks To Buy Now. The increasing emphasis on the ...
Bioethanol plants are required by the government to sell their produced fuel ethanol only to appointed oil companies, such as PetroChina or Sinopec at a price of 0.91 or about $0.82/liter. The government subsidizes the gap between the sale price and production cost. China's potential marginal arable lands are limited and most are fragmented.
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