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BIO APPLAUDS NAVY, USDA LEADERSHIP ON ADVANCED BIOFUEL PROCUREMENT
Source: Biotechnology Industry Organization news release

The Biotechnology Industry Organization (BIO) today thanked Navy Secretary Ray Mabus and Agriculture Secretary Tom Vilsack for announcing advanced biofuel procurement opportunities through the Farm to Fleet program.

Since 2010, the Navy and USDA have worked together, under a Memorandum of Understanding, to maximize the use of renewable energy, which meets important national and energy security goals.

Brent Erickson, executive vice president of BIO's Industrial & Environmental Section, said, "Advanced biofuels are key to the military's operational security, reducing reliance on oil from unstable parts of the world and diversifying supplies.

"The Navy's leadership in procuring advanced biofuels will encourage rapid scale up of new technologies and construction of capacity. The USDA can help to build the necessary supply chains of sustainable, renewable biomass supplies. BIO and its member companies welcome today's announcement."

About BIO

BIO is the world's largest trade association representing biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations. BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products. BIO also produces the BIO International Convention, the world's largest gathering of the biotechnology industry, along with industry-leading investor and partnering meetings held around the world. BIOtechNOW is BIO's blog chronicling "innovations transforming our world" and the BIO Newsletter is the organization's bi-weekly email newsletter."


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