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Posted by http://www.mystockpicks.tk on August 4, 2008, 12:31 am
"Industrial Biotechnology Corporation (IBOT) is a step ahead of
competitors due to its established relationships in Brazil and its
focus on producing ethanol from sugarcane instead of corn or any other
feedstock. IBOT's ethanol provider and joint venture partner is the
world's largest sugar cane processor based in Brazil - the second
largest ethanol producer and the world's largest sugar producer.
Most of the ethanol currently produced in the United States comes from
corn, which is highly inefficient. However, corn's use in biofuels is
limited due to a constrained supply, alternative uses of corn as a
food source and the debate over governmental subsidies to corn
farmers. Unlike corn, sugar cane is not a subsidized crop, is not a
food source, and is produced in sufficient quantities to meet
demand."
extract from Penny picks
for complete article do visit : http://www.stocktrading.tk
p.s
The above subject would be reposted in the archives page at a later
stage.
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