BUENOS AIRES, Argentina, Nov. 13 FrostSullivan-biofuel
BUENOS AIRES, Argentina, Nov. 13 /PRNewswire/ -- Latin America is all set
to make a splash in the global biofuels market, thanks to its inherent
advantages of land availability, technological developments, agricultural
knowledge, and low labor costs. Biofuel feedstock production already has a
move on in Brazil and Argentina, which produce significant amounts of ethanol
and soy, respectively.
New analysis from Frost & Sullivan (http://www.chemicals.frost.com), Latin
America Biofuel Technology Providers, finds that the Argentinean market had in
2007 an installed capacity of around 600.000 tons of feedstock and estimates
this to reach 1.2 million in 2008.
If you are interested in a virtual brochure, which provides manufacturers,
end users, and other industry participants with an overview of the Latin
American biofuel technology providers, then send an e-mail to Jose Maria
Jantus, Corporate Communications, at jose.jantus@frost.com, with your full
name, company name, title, telephone number, company e-mail address, company
website, city, state and country. Upon receipt of the above information, an
overview will be sent to you by e-mail.
Its scientific sophistication in feedstock production makes it an
attractive destination to potential investors, while existing investors will
be gladdened by the greater access to funding due to the high growth
expectations from the global market.
"If Latin America shows a certain level of economic and political
stability, larger numbers of investors will come in search of feedstock,"
explains Julio Campos, Industry Analyst at Frost & Sullivan. "Investors will
bring in their wake, important improvements in R&D to further develop
feedstock."
Although R&D has risen in relevance in the biofuels industry, Latin
America still lags on that score. Scientists in the region will have to devise
ways to produce new feedstock, lower production costs, and enhance existing
production lines. Latin America needs more economic muscle to perform R&D all
on its own and hence, will be looking to emphasize its strategic advantages to
entice foreign investors.
So far, R&D in Latin America was concentrated on the improvement of
existing chains and oil-to-biofuel systems and technology. However, Latin
America has been working hard on refining its existing harvesting and
transportation techniques and technologies to increase its feedstock yield and
biofuel production.
Latin America is fast becoming one of the world's main biofuel feedstock
producers and hence, the region should upgrade its R&D to keep pace with the
feedstock production.
"Companies are coming to Latin America to settle processing plants near
the feedstock," notes Campos. "Latin America will also be cashing in on the
global lack of feedstock for biofuel processing, since it already has the
required arable land."
Latin America Biofuel Technology Providers is part of the Chemicals &
Materials Growth Partnership Service program, which also includes research in
the following markets: second and third generation biofuels markets and
Argentina's fertilizers market. All research services included in
subscriptions provide detailed market opportunities and industry trends that
have been evaluated following extensive interviews with market participants.
Interviews with the press are available.
Frost & Sullivan, the Growth Partnership Company, partners with clients to
accelerate their growth. The company's TEAM Research, Growth Consulting and
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Growth Partnership Services, visit http://www.frost.com.
Latin America Biofuel Technology Providers
N458
Contact:
Jose Maria Jantus
Corporate Communications - Latin America
P: + 54-11-4777-9951
F: + 54-11-4777-0071
E: jose.jantus@frost.com
Johanna Haynes
Corporate Communications - North America & Europe
P: 210.247.3870
F: 210.348.1003
E: johanna.haynes@frost.com
Donna Jeremiah
Corporate Communications - Southeast Asia
P: +603 6304 5832
F: +603 6201 7402
E: djeremiah@frost.com
Remi Chatterjee
Corporate Communications - South Asia
P: +91.44.4001 3419
F: +91.22.2832 4713
E: remi.chaterjee@frost.com
Amelia Wong
Corporate Communications - China
P: +86 21 5407 5783 Ext 8669
M: +86 13621724823
E: amelia.wong@frost.com
Nimisha Iyer
Corporate Communications - Middle East
P: +91 22 4001 3404
F: +91 22 2832 4713
E: niyer@frost.com
Patrick Cairns
Corporate Communications - Africa
P: +27 18 468 2315
E: patrick.cairns@frost.com
http://www.frost.com
SOURCE Frost & Sullivan
