Background
Due to the strong and increasing demand in crude oil, focus has now turned to biofuels to overcome a future fuel shortage.
To investigate the current situation and trends as well as the opportunities and risks with regard to biofuels of short to mid term feasibility, FESTEL CAPITAL ran a market study in the 2nd half of 2006.
Focus of the market study was on the economical factors of biofuels and not so much on environmental aspects. The goal was not to present the subject of biofuels in its full scale, but to give some interesting insights into further developments in this field.
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