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Iowa Gains Momentum as Major Provider of Biorenewables
Date:6/28/2010

DES MOINES, Iowa, June 28 /PRNewswire/ -- Iowa is rapidly becoming the development capital of the nation for the replacement of petroleum-based chemicals with bio-based chemicals. Iowa, long a leader in the biotechnology field because of its agricultural and research heritage, continues to be at the epicenter of the movement for clean energy and advanced biotechnology such as next-generation cellulosic fuels, biochemicals and bio-based polymers.

"Iowa has a long history of excellence in renewable fuels, and our state's companies and research institutions are leading the charge to develop next generation cellulosic biofuels that will drive the economy of the future and meet America's demand for clean energy," said Bret Mills, director of the Iowa Department of Economic Development (IDED). The IDED is a major sponsor and exhibitor at the BIO World Congress on Industrial Biotechnology and Bioprocessing conference in Washington, D.C. this week.

Iowa's leadership is shown through the following:

  • Iowa's biofuels industries have added $11.5 billion to Iowa's economy, generated $2.3 billion in new household income and created and supported 70,000 Iowa jobs.
  • POET recently announced it is increasing its presence in Iowa with a new, commercial-sized cellulosic ethanol facility in Emmetsburg, Iowa, scheduled to open in late 2011.
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SOURCE Iowa Department of Economic Development
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