Betting On Bio - Fuels

IIPM PUBLICATION

DuPont is one of the world’s largest alternate energy solutions providers for quite some time now, and has relentlessly worked towards providing industry with the best economically viable energy alternatives. Along with long term ties with energy behemoths like BP, DuPont subsidiaries like Hi-Bred International today are providing upto 180 types of hybrid seeds in order to increase the efficiency and practicality of ethanol based fuels. According to John Ranieri, Vice President, DuPont Bio fuels, “From our strong seeds and crop protection products offering for bio fuels today to significant transformative opportunities in new bio fuel technologies, I am confident in DuPont’s capabilities to meaningfully increase the use of renewable feedstock with smaller environmental footprints in place of petroleum.” DuPont’s bio fuels division spends a substantial part of its $300 million profits on research and development on alternative fuels and leads the way for the industry to adapt comfortably without going out of the way. Quite ahead of its time indeed.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative