Low price, Daimler-Chrysler endorsement, boost biodiesel
Adjust font size:
Manufacturing News, Source : The Manufacturer US
Published : 27 Jan 2006 14:48
American Biofuels, L.L.C. expects to increase biodiesel production to 40,000,000 gallons per year in 2006. This is a significant leap, as total biodiesel production in the United States in 2005 was only 66-million gallons.
Two factors seem to be afoot.
First, biodiesel now sells at or below the price of regular diesel, pushing it from a specialty market into the mainstream.
Second, Daimler Chrysler has given it the nod. The automaker is the first to approve the use of B-20 fuel (20% biodiesel and 80% diesel) for its commercial fleet customers including military and government vehicles. Chrysler Group President and CEO Tom LaSorda believes that "Biofuels represent a huge opportunity to reduce consumption and our dependence on foreign oil."
Comments on this story
click here to add a comment
You must be registered & logged in to add comments
already have an account and just want to login?
Related Content
Guest Editorial: Checklist - Seven Recommendations for Improved Profits
by Abbott A. Imberman, PhD, Professor of...
more…
FKI LOGISTEX OPENS NORTH AMERICAN TECHNOLOGY & EDUCATION CENTER (TEC)
(St. Louis, Missouri, USA: July 10, 2007) FKI...
more…
Guess selects the tradecard platformand SourceView suite to optimize global trade
NEW YORK, July 10, 2007 – TradeCard Inc., the...
more…
Kimberly-Clark Professional Crosses Final Touchless Frontier With Introduction of First Electronic Bath Tissue Dispenser
ROSWELL, Ga. (July 9, 2007) – Kimberly-Clark...
more…
Boeing Celebrates the Premiere of the 787 Dreamliner
EVERETT, Wash., July 08, 2007 -- Today, Boeing...
more…
no comments yet...