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May

The Focus-Abengoa Foundation and F.O. Licht close the sixth edition of the world biofuels conference, World Biofuels 2007

May 25, 2007

Seville, 24 May 2007. The Focus-Abengoa Foundation and F.O. Licht today closed the sixth edition of World Biofuels 2007 which took place over the last three days, bringing together more than 150 representatives from biofuel producers, raw material manufacturers, oil companies, public and private R&D+i entities and environmental protection organisations, in Seville.

World Biofuels 2007 has highlighted the importance of biofuels as one of the instruments for averting the serious consequences of climate change, which is partly caused by the uncontrolled use of fossil fuels in transport.

The application of policies and legislation that encourage the use of biofuels is generating significant development in economic regions such as Brazil, the USA and the European Union. The implementation of similar measures in other developed countries such as Canada, Japan and Australia, and in other emerging countries such as China and India, is creating a global market for biofuels that will soon require technical and economic regulation based on the increasing convergence of their own national regulations.

Falling production costs, the progressive reduction in the emission of greenhouse gases and higher quality fuels with improved burnup are the priority objectives in biofuels development. As witnessed at this sixth World Conference, cellulose biomass is seen as the raw material of the future for bioethanol production, although it will coexist with current production processes that use cereals and sugar cane for a long time to come.

During the sixth World Biofuels 2007 conference, the current debate on the risks of uncontrolled development of biofuels was emphatically rejected as these currently represent only 2% of automotive petrol and diesel consumption. On the other hand, the establishment of rules that ensure the quality of biofuels was strongly backed as well as criteria that guarantee the sustainability of crops used in their production.

Lastly, this series of conferences has managed to highlight the growing interest that the development of biofuels is generating in the financial world as well as its willingness to financially support the implementation of specific projects, as well as to encourage the presence of companies in the capital markets and provide permanent financial resources to guarantee biofuel expansion or development projects.

This series of conferences, which has been held for the last six years at the headquarters of the Focus-Abengoa Foundation, forms part of the activities developed by the Forum of Thinking on the Environment and Sustainable Development that was established by Abengoa through the Foundation with the principal objective of acting as a valid instrument for reflection and action at the highest level to promote understanding and the creation of public opinion in this area.

This forum has focussed on those fields in which Abengoa can make relevant contributions in the different fields of international, industrial and technological relations or in any other sphere, due to its related business activities, based around the three objectives of economic, social and environmental development that define sustainable development.

The Focus-Abengoa Foundation was started in 1982 with the objective of promoting activities that benefit the whole of society. Since 1991, when the Foundation was granted the use of its current headquarters, it has become a centre for promoting the arts and sciences which supports the cultural heritage of Seville.

Abengoa Bioenergy is the European leader in the production of bioethanol for use as a fuel. It currently operates three bioethanol plants in Spain; Ecocarburantes Españoles, Bioetanol Galicia and Biocarburantes de Castilla y León with a total capacity of 526 million litres per year. The latter plant, which is part owned with Ebro Puleva, will launch a pilot plant at the end of the year that will produce five million litres of bioethanol from converting cellulose biomass (cereal straw) using a new technology developed by Abengoa Bioenergy R&D. Abengoa Bioenergy is also the fifth largest producer in the United States with a capacity of 420 million litres, which will increase to 745 million before the end of 2007.



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