Analyst makes bullish forecast for future ethanol growth


World ethanol production has been forecast to reach at least 120 billion liters by 2022, despite significant factors impeding market growth.

The statement was made by Christoph Berg, managing director of FO Licht, at the World Ethanol and Biofuels conference being held in Munich. The event started on November 5th and will continue till November 8th .

He also said that current global first generation ethanol production is around 104.5 billion litters

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