Industrial Biotechnology Briefing to Highlight Green Investing
WASHINGTON, D.C. (February 21, 2005) -- Biotechnology has moved beyond the doctor’s office to impact even the fuel we put in our cars. That will be one of the messages delivered at the third annual briefing on industrial biotechnology for securities analysts and investors on Feb. 22, 2005. The half-day briefing, hosted by the Biotechnology Industry Organization (BIO), will emphasize progress in the growing industrial enzyme, small molecule production, nanotechnology, bioenergy and biobased materials markets. Presentations will also highlight investment opportunities in “green” technologies, such as the production of clean-burning ethanol and cleaner manufacturing using biotechnology. The invitation-only event will take place from 11:00 a.m. to 4:00 p.m. at the Waldorf=Astoria Hotel in New York City. Analysts and investors interested in attending should contact Sarah Lux at (212) 362-1200 or send an email with contact information to sarah@sternir.com.
CEOs and senior managers from industrial biotechnology companies, such as DuPont, Diversa, DSM, Dyadic International, Iogen, Genencor International, Novozymes and Metabolix, will discuss industrial enzymes for cleaner manufacturing and chemical synthesis, and new biotech production methods for ethanol transportation fuel. The briefing will begin with a video from BIO, “New Biotech Processes Revolutionize Domestic Energy Production.”
The video promotes a revolution in industrial biotechnology that is radically changing how companies make ethanol for transportation fuel. The key driver in this new technology is the ability to change the cellulose in agricultural crop plant matter into sugars that can be fermented to produce ethanol and refined into other value-added products. Industrial biotechnology companies such as Genencor and Novozymes have developed microbes that now make it economically feasible to produce ethanol not only from grain but also from corn stover, wheat straw, sugar cane waste and many other agricultural crop residues. Over the next few years, biotechnology will enable American farmers to harvest not just one but two crops from every field – a grain crop and a biomass crop. In doing so the biotech revolution promises to create a positive economic upturn in rural America by growing markets for bioethanol and creating new jobs.
The video can be viewed on the BIO web site, www.bio.org/ind/bioenergy.asx. A shorter highlight reel can be viewed at www.bio.org/ind/bioenergy_highlight.asx.
BIO represents more than 1,000 biotechnology companies, academic institutions, state biotechnology centers and related organizations in all 50 U.S. states and 33 other nations. BIO members are involved in the research and development of health-care, agricultural, industrial and environmental biotechnology products.
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