Abengoa Bioenergy, one of the world's leading producers of biofuels, says that, due to soaring demand for ethanol, it expects to sell 3 billion liters (approximately 793 million gallons) of biofuel in 2011. For Abengoa, that means that nearly all of its biofuel production capacity will have to be used.
Abengoa Bioenergía has just opened a cellulosic ethanol plant in York, Nebraska. The source material for this plant is "lignocellulose biomass" (we usually call it "wood"). The company has invested more than $35 million in the plant, which will focus on obtaining an efficient process, and the project is supported by the U.S. Department of Energy (DOE).