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Article: Biodiesel industry: when will spring come?(Energy Chemical)
- Article from:
- China Chemical Reporter
- Article date:
- January 16, 2009
- Author:
CopyrightCOPYRIGHT 2009 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The biodiesel industry has enjoyed a few vigorous years recently, especially in 2005 and 2006, drawing venture capital from personal investors and enterprise investors from biodiesel manufacturing factories and upstream planting firms. However the biodiesel industry has suffered gloomy times beginning in the second half of 2007, and during 2008, more and more biodiesel factories shut down or became trapped in the semi-stagnation market. Consequently much potential investment migrated to other industries. So what are the solutions?
Although biodiesel is a kind of mature biofuel like fuel ethanol, it has a different policy status in China. Ethanol industry received ...