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Next Generation Biofuels Are Making Solid Progress

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As many of you know most of the gasoline available in North America today has a biofuel component of between 5 and 10 percent. Newer cars and trucks are E85 compatible, meaning they can operate with up to 85 percent ethanol blended into the gasoline -- which means there is a total growth opportunity of up to 75 percent in the North American biofuel market.

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