Performance Plants Inc. (PPI) is in a pivotal position to lead the world with its proven suite of products in two distinct but complementary industries – food production and renewable clean bioenergy.
Its widely recognized that new traits developed through biotechnology will be important to address challenges posed by population increase, climate change, abiotic stress, depletion of aquifers, water shortages and the decline of arable farm land. Initial acceptance of biotechnology food crops has steadily grown in both the developed and developing world since 1996.
Fuels from biomass represent a massive global business opportunity unlike any in recent history. The twin drivers of market demand and government mandates have accelerated the emphasis on biomass for both liquid and solid fuels.
Liquid biofuels refocused: The debate on food-vs-fuel is over and grain-based ethanol will be supplemented with purpose-grown non-food biomass crops for cellulosic ethanol or butanol production. At the same time, government-mandated ethanol content in gasoline in North America points to demand that will increase for decades.
Solid fuel revival: Large-scale coal replacement by purpose-grown biomass delivers a 90% reduction in greenhouse emissions by industrial users and open up profitable new opportunities for many farmers.