BiofuelIPOs go bust

October 2007
ICIS Chemical Business;10/22/2007, Vol. 272 Issue 15, p3
Trade Publication
The article discusses the declining market value of the shares of biofuel companies. It is stated that stock prices of biofuel companies' have fallen by 40-66% from their peaks. According to the article, the European Union has agreed to a legally binding 10% market share for biofuels by 2020. The market condition of biofuel industries in several European nations and the U.S. is also mentioned.


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