New York, New York
October 3, 2006
DuPont Biofuels Vice President and General Manager John
Ranieri today outlined the company's growth plans in the rapidly
growing biofuels industry.
Speaking to investors at an
ethanol conference here, Ranieri said, "DuPont is delivering
advantaged products and technologies throughout the biofuels
value chain. To address the energy issue, we must develop
sustainable business and technical solutions that can be adapted
across different geographies to successfully grow this
industry." DuPont's
current biofuels focus includes:
- rapidly developing
differentiated seeds and crop protection products that will
enable greater biofuel production per acre;
- developing and supplying
new technologies to enable conversion of cellulose to
biofuels; and
- commercializing biobutanol
as a next-generation biofuel that is significantly improved
and complements incumbents.
Seed & Crop Protection
Solutions With
more than $300 million in revenues expected this year from
seed and crop protection solutions serving biofuels markets,
DuPont subsidiary Pioneer
Hi-Bred International, Inc. has selected more than 135
seed hybrids marketed through its IndustrySelect® program.
The program includes specialized grain properties that
improve the efficiency of ethanol production. The seed and
crop protection research pipeline includes yield traits in
seeds and other products that will further improve ethanol
production efficiency.
Integrated Corn-Based BioRefinery (Biofuels from
Cellulose) DuPont
and the U.S. Department of Energy are jointly funding a
four-year research program to develop technology to convert
corn stover into ethanol. This is aligned with the company's
strategy to develop technologies that can convert cellulosic
crops into biofuels and biochemicals. The BioRefinery
program will significantly increase the amount of ethanol
per acre achievable by using corn grain and stover from the
same amount of land.
Partnership with BP for Advanced Biofuels Development
DuPont's partnership with BP
to develop biobutanol is based on its strategy to bring to
market advanced biofuels that can expand the transportation
biofuels offering. Biobutanol's performance enhancements
include:
- Lowers the vapor
pressure of fuel blends when co-blended with ethanol;
- Can be more easily
distributed via the existing fuel supply infrastructure;
- Enhances fuel
stability of biobutanol-gasoline blends;
- Improves blend
flexibility, allowing higher biofuels blends with
gasoline; and,
- Improves fuel
efficiency (better miles per gallon) compared to
incumbent biofuels.
The presentation and an
audio webcast have been archived in the DuPont Investor
Center at www.dupont.com.
DuPont (NYSE: DD - News) is a science company.
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