Industrial Biotechnology: the Best Kept Secret in Green Jobs
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[March 11, 2010]

Industrial Biotechnology: the Best Kept Secret in Green Jobs

--(Business Wire)-- Biotechnology Industry Organization (BIO): WHAT:   The Biotechnology Industry Organization (BIO) will host a series of panel presentations on algae, green chemistry, and advanced biofuels to brief Congressional members and staff on the state of each technology, its potential for job creation, and the federal policies needed to drive commercialization. Speakers will address the breadth of commercial applications of industrial biotechnology, including algae-based technologies; cellulosic biofuels and biobutanol; and biobased plastics, polymers and specialty chemicals.



  WHEN: Thursday March 11, 11:00 a.m. to 3:00 p.m. EST   WHERE: Russell Senate Office Building, Room 328-A   SESSION 1: Financing the Commercialization of Algae-based Technologies 11:00am-12:00pm Recent investments in algae technologies by leading energy and chemical companies are the latest indication of both the promise and progress of algae to deliver sustainable, secure alternatives to fossil-based fuels and chemicals. But commercial deployment remains hampered by challenges in access to private capital combined with federal policies that put algae-based fuels at a competitive disadvantage with other high-promise advanced biofuels.

  Martin Sabarsky, CFO, HR BioPetroleum Jonathan Wolfson, CEO, Solazyme David McCarthy, VP, Algenol Biofuels Steve Tuttle, Global Business Director for BioSciences, Dow Chemical Company Bill Lese, Managing Partner, Braemar Energy Ventures   SESSION 2: Renewable Chemicals and Biobased Products: A Green Jobs Revolution (News - Alert) for the U.S. Chemicals Industry 12:00-1:00pm Building biorefineries to produce renewable chemicals and bio-products can create thousands of jobs in the next few years not just in the chemicals sector, but also in farming, construction and engineering, and advanced research. What is needed today is capital and investment in the U.S. chemical industry for manufacturing facilities.


  Tjerk de Ruiter, CEO, Danisco Carolyn Fritz, CEO, Allylix Kevin Jarrell, CEO, Modular Genetics Steve Gatto, CEO, Myriant Technologies Rick Eno, CEO, Metabolix (News - Alert) Marc Verbruggen, CEO, NatureWorks Atul Thakar, CEO, Segetis   SESSION 3: Cellulosic and Advanced Biofuels: When Will We See the First Commercial Gallons? 2:00-3:00pm The advanced biofuels industry is on the verge of commercialization. However, multiple factors have slowed the path the industry had been on. The advanced biofuels industry is ready to contribute in a significant way to the goals of the Obama administration and Congress to meet the goals set by the Renewable Fuel Standard.

  Neal Gutterson, President and CEO, Mendel Biotechnology, Inc.

Wes Bolsen, Chief Marketing Officer and Vice President, Coskata (News - Alert), Inc.

Jack Huttner, Executive Vice President, Gevo Incorporated   RSVP: Reporters are invited to participate; to reserve space, please contact Paul Winters, Communications Director, BIO at 202-962-9237 or pwinters@bio.org.

About BIO BIO represents more than 1,200 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.

The Advanced Biofuels & Climate Change Information Center presents the latest commentary and data on the environmental and other impacts of biofuel production. Drop in and add your comments, at http://biofuelsandclimate.wordpress.com/.

Upcoming BIO Events BIO Intellectual Property Counsels Spring Conference and Committee MeetingApril 19-21, 2010New Orleans, LA Partnering for Global HealthMay 3, 2010Chicago, ILMcCormick Place Convention Center BIO International ConventionMay 3-6, 2010Chicago, ILMcCormick Place Convention Center 2010 BIO Human Resources ConferenceMay 4-7, 2010Chicago, IL World Congress on Industrial Biotechnology and BioprocessingJune 27-30, 2010Washington, DC BIO's Livestock Biotechnology SummitSeptember 28-30, 2010,Sioux Falls, SD

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