At a recent roundtable discussion, leaders in the biofuels industry gathered to discuss trends, challenges and opportunities in their industry. This video blog provides their insight as a result of the discussion.

Thursday, March 29, 2007

Chris Novak, Executive Director of the Indiana Soybean & Corn Organizations, discusses the challenges that currently exist - how does Indiana utilize its assets, technology, infrastructure and most importantly, how do we utilize the new technology and developments to make ourselves more competitive.

Ken Klemme, Assistant Director of Economic Development for the Indiana State Department of Agriculture, mentions that with Purdue University being a leader in renewable energy research, it helps position Indiana to stay in tune with what's being developed. He also states that it's important to Indiana that we have flexible policies, so that as the industry evolves and changes, we can adapt.

Wally Tyner, Professor and Agriculture Economist at Purdue University, believes it is very important for the state to support research of biofuels. He also mentions, that most of the policies are driven at the federal level, which is where he focuses most of his efforts.

Wednesday, March 28, 2007

Ron Gick, President of the Board of Directors for Iroquois Bio-Energy Company, believes this industry will continue to grow and evolve with all the technology behind it. He estimates that in the future, this industry will result in a $70-80 billion a year business.

Joe Bellavance, President of NuFuels, LLC, mentions that what they're doing at NuFuels has not been done domestically or even internationally, that they are aware of. They're trying to answer the Governor's call to develop alternative fuels and are planning to put together a project that employs a number of different technologies.

John Whittington, Vice President of Integrity Biofuels, mentions that in his mind, the general perception of biodiesel is still mixed. He discusses how he can see both sides: the agricultural side – which is normally a positive perception, and also the transportation side – which is still somewhat skeptical.

Charles Whittington, President of Integrity Biofuels, discusses his prediction that when the trucking industry jumps onboard, there will be an immediate 750 million gallons of demand for biodiesel.