Press Release Summary = Several developments in France have made it clear that the
French government is stressing hard on biofuels, so that the country can attain its
goal of energy independence in near future.
Press Release Body = France is speeding up its attempts on biofuels and this is
evident by several developments in the country. A distribution network for ethanol
and biodiesel is being built in France, as the Finance Ministry has pledged to
support “with no reservation\" for E85’s development as ”first fuel
of post oil era”. E85’s extensive development should predominantly cater
to the consumers’ interest of low price. Development of E85 will also help in
attaining the energy independence goal of the country. Concretely, nearly 600
ethanol pumps are likely to be built in the country from the year 2007 onwards.
These pumps will be a part of the network called \'grandes autoroutes\', which
connects several cities of France with Paris.
Another important development has been - Thierry Breton – French Finance
Minister – stated, carmakers in the country have committed for investing in
flex fuel cars, which can use E85 fuel effectively. As per Breton, flex fuel cars
will make up half of all the cars sold in the country by the year 2009. The
ambitious bio-fuel plan of the country will possibly succeed, provided the projected
penetration is realized.
“Biofuel Market Worldwide (2006)”, a recently published market research
report by RNCOS provides an updated and detailed overview of the world Biofuel
market. It examines the emerging trends and provides comprehensive analysis of
future growth prospects in this sector.
According to this report, “The situation is expected to be more favorable in
near future following the announcement from Prime Minister that a plan aiming to
increase biofuels (Bioethanol and Biodiesel) authorizations by 800,000 Tons by 2007
is underway. The breakdown is 480 000 Tons and 320 000 Tons for Biodiesel and
ethanol, respectively.”
“Biofuel Market Worldwide (2006)” report helps clients to assess:
- Key market trends in the Biofuel industry.
- Existing cost analysis of Biofuel.
- Regional markets vary on the basis of their policies and the trends.
- Where will the Biofuel market be four years from now?
- Which prospects exist for Biofuel in global market?
- What are the various driving factors for the Worldwide Biofuel market?
- What are the factors prevailing in the economy influencing Biofuel market?
- What are the various government support programs and Major Biofuel projects?
About RNCOS:
RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.
For more information visit: http://www.rncos.com/Report/IM043.htm
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