China will substantially increase bioethanol production
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In an interview, Lin said that accelerating the development of non-fossil fuel industry is an important development strategy for COFCO. Novozymes, the world's largest enzyme company, cooperates with Sinopec Corp. and COFCO's second-generation ethanol project to end commercial demonstration projects by the end of next year, complete commercial installations within three to five years, and push products. To the market.
Unlike the traditional extraction of ethanol from grain such as corn, the second generation of ethanol uses corn stalk as raw material and enzyme preparation to extract ethanol, which not only saves food but also can be used as a substitute for gasoline.
According to Lin Hailong, the government’s encouraging policies and vast market potential in recent years have enabled new domestic companies to join the research and development of biofuels and market development. In addition to the cooperation between Novozymes and COFCO, CNOOC Group and DuPont Energy also Started research and development projects in this area.
As fossil fuel prices continue to rise and pollution caused by emissions becomes a global issue, the search for alternative clean energy has become a global issue. Among them, bioenergy has become one of the three new energy options along with wind energy and solar energy because it is easy to source and clean. Biorefinery is the process of converting biomass (biological feedstocks obtained from living organisms or living organisms close to living organisms) into fuels, energy sources, chemicals, and raw materials (and feeds).
At present, the global biorefinery has brought tremendous economic benefits, created numerous jobs, and the space for future development is extremely broad. It is estimated that by 2020, the global scale of the biorefinery industry, which converts biomass into fuel, energy, and chemicals, is expected to reach US$230 billion.
According to the 2010 Global Biorefinery Report, fuel ethanol made from cellulose has brought about 32 billion yuan in income each year in China, creating a total of 6 million jobs. These job opportunities are mainly distributed in rural areas and will be valued. The project construction on the chain brought a market of 96 billion yuan. It will also guarantee China's energy security and promote GDP growth to some extent, and it will also promote the balanced development of cities and rural areas.
Ke Ming, president of Novozymes China, said in an interview that many provinces in China are importing a considerable proportion of ethanol fuel from Brazil each year, and that China itself has the technical and geographic conditions for production, so that local production and sales will gain more profits. .
He also stated that Novozymes and COFCO are together to break through technical barriers and problems in production equipment. It is believed that in the near future, the bioethanol fuel industry will have a great impact on China's transportation industry and aviation industry.