James C. Greenwood, President and CEO of the Biotechnology Industry Organization (BIO), today attended the ribbon cutting ceremony of Gevo’s new demonstration-scale biorefinery in Silsbee, Texas, and issued the following statement:
“Industrial biotechnology companies such as Gevo show the true scope and reach of American innovation and ingenuity. After you visit these companies, after you see how entrepreneurs like Gevo CEO Pat Gruber and his team are strengthening and revitalizing American manufacturing, it’s hard not to be bullish about the future of industrial biotech and of our country.
“Looking at this operation, you can see that this industry not only is for real, but also has the potential to help transform our future; to lessen our dependence on foreign petroleum; to help reinvigorate American industry and manufacturing; and to create good-paying American jobs in Silsbee, Texas, and in hard working communities across the country.
“Gevo’s new biorefinery is showing us the role that industrial biotech can play in a renaissance in America’s chemical industry. It is showing us how American companies can compete and capture more of our share of the $2.4 trillion global clean energy market and the $3.7 trillion global chemicals market.”