Released on = October 12, 2006, 12:01 am

Press Release Author = RNCOS

Industry = Biotech

Press Release Summary = Both production and consumption of ethanol are growing at an
unprecedented pace in US, thus, offering enormous opportunities for players in this
sector.

Press Release Body = Production as well as consumption of Ethanol skyrocketed in
June ‘06. This was mainly due to the continuing rise in the number of Ethanol
pumps and increasing number of people becoming conscious about helping their country
to reduce its reliance on oil.

It appears that US is rapidly developing an ethanol market for vehicles. In 2005,
the country consumed about 140Bn gallons of gasoline (3.3Bn barrels). At present,
there’re around 101 ethanol bio-refineries across the nation, which can
produce above 114Mn barrels or 4.8Bn gallons per year. Also, forty-two ethanol
refineries and seven expansions are under construction that will provide a combined
yearly additional capacity of approximately 2.9Bn gallons.

In its recently published market research report “New Opportunities in US
Biofuel Market (2006)” RNCOS, a leading market research and analysis firm, has
provided a comprehensive analysis of every aspect of Biofuel industry in US. Not
only does this report include an analytical overview of the current trends, it also
looks into the future of Biofuel market in US.

According to this report, “By the beginning of 2007, total production capacity
is expected to increase to 6.8Bn gallons annually. Ethanol production is also
projected to surpass the mandated minimum level (i.e. 7.5Bn gallons) by the year
2012”. “While the requirement of ethanol was 4Bn gallons in 2005, its
production is likely to reach about 5Bn gallons”, said an industry expert at
RNCOS.

This Market Research Report on Biofuel Market addresses the following Issues And Facts:

- Past performance of biodiesel and ethanol in US.
- Various government support programs helping the growth of Biofuel industry in US.
- Impacts of Biofuel on the US oil sector.
- Price Analysis of Biofuel with conventional fuels.
- Demand and supply situation for biodiesel and ethanol.
- Potential market segments for Biofuel.
- Opportunities and challenges before biofuel in the market.

About The Report

The report is an excellent decision making tool for businesses, as it provides an
updated and detailed analysis of the US Biofuel market. An overview of global
Biofuel market with its focus exclusively on US is also included in it.

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.

To purchase your copy: http://www.rncos.com/Report/IM074.htm
For more information about the report please visit www.rncos.com

To get the latest news on Energy Sectors worldwide, please visit our newly launched
blog section at http://www.rncos.com/Blog/energy.html.


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com