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Renewable Energy Stocks Green Investor Podcast, With CEO of Industrial Biotechnology Corporation, Focusing on Brazilian Sugarcane Based Ethanol Chemicals and Fuels
"A Strong Demand and Interest for Renewable Packaging Solutions"
| Source: RenewableEnergyStocks.com; Industrial Biotechnology Corporation
POINT ROBERTS, WA and DELTA, BC--(Marketwire - August 18, 2008) - www.Renewableenergystocks.com,
a leading investor news and research portal for the renewable energy sector
within Investorideas.com, presents a green investor podcast with Andy
Badolato, CEO of Industrial Biotechnology Corporation (PINKSHEETS : IBOT ).
Industrial Biotechnology Corporation (PINKSHEETS : IBOT ), utilizes sugarcane
ethanol for energy solutions and environmentally friendly chemicals for
consumer packaging, energy, agricultural, pesticides, materials and polymer
industries.
Mr. Badolato discusses the Company's two operating subsidiaries, Renewable
Chemicals Corporation that utilizes sugarcane feedstock as an alternative
to petroleum based chemicals and
Renewable Fuels of America Inc., an importer and distributor of Brazilian
sugarcane ethanol to targeted coastal areas.
According to Mr. Badolato, "The company's current business models root were
developing commercial biological technologies and solutions for the
chemical industry. In the marketplace we became aware of the growing
trends towards sustainable eco-efficient solutions using renewable
resources. We saw a real need and opportunity for the next wave, after the
use of ethanol as an alternative fuel, for bio-renewable chemicals. There
is a strong demand and interest for renewable packaging solutions. Wal-Mart
(Market, News) for
example, has initiated and pioneered a very strong sustainability
initiative that focuses on reducing packaging and adherence to sustainable
practices."
In elaborating on his current partners, "We went about developing partners
and providers in the supply chain to deliver bio-renewable chemicals. We
met Cosan SA (Market,
News) approximately a year ago. Cosan is the world's largest processor
of sugarcane ethanol, which happens to be 7-8 times more efficient than
corn feedstock, has significantly less carbon impact, and is not a
competing food source."
Updating Renewable Fuels of America Inc., Mr. Badolato notes, "We
anticipate revenues shortly and are in process of negotiating final
agreements. We have identified distributors, storage facilities, and of
course have supply in place with Cosan."
To hear full audio click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081408c.mp3
About Industrial Biotechnology Corporation (PINKSHEETS : IBOT ): Industrial
Biotechnology Corporation provides products, services and technologies
using renewable resources as an alternative to petroleum. IBC utilizes
sugarcane based ethanol which is considered the leading cost efficient,
energy balanced and environmentally sustainable feedstock source, when
compared to petroleum and other alternative fuels. IBC will provide these
cost competitive, environmentally responsible solutions via its operating
subsidiaries Renewable Chemicals Corporation (RCC) and Renewable Fuels of
America Corporation (RFAC).
For more information on Industrial Biotechnology Corporation visit the
Investorideas.com showcase at:
http://www.investorideas.com/CO/IBOT/Default.asp and the company's website
at: http://www.industrialbiotechnology.com/
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150,000 144 shares over 12 month period issued quarterly.
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