The 110-year-old company is currently valued at $9.7 billion, but Transfix CEO Drew McElroy — an affable second-generation industry veteran who attended Georgetown before taking over his parents' own small but successful brokerage business — fully expects that number to trend downward.
The 110-year-old company is currently valued at $9.7 billion, but Transfix CEO Drew McElroy — an affable second-generation industry veteran who attended Georgetown before taking over his parents' own small but successful brokerage business — fully expects that number to trend downward.
If so, we speculated that energy cane can replace, in the near future, a significant share of the current sugarcane areas, even those aimed to the first-generation industry with the purpose to produce ethanol for fuel.
However, issues related to agriculture, collection, and processing are still barriers to be solved to turn the energy cane a suitable culture for use in the first- and second-generation industries.
A spectacular example is the filamentous fungus Trichoderma reesei, famous for its high cellulase enzymes secretion capacity, which is of high interest for the second generation biofuel industry [ 2].
Wheat straw is one of the main substrates of interest to the second generation bioalcohols industry, but it is well known for its production of inhibitors when subjected to steam explosion pre-treatment (Bellido et al., 2011, Horn et al., 2011, Tomas-Pejo et al., 2008).
Expected changes in European biofuel regulations lead to uncertainty in supply chain planning for second generation biofuel industries.
Lignin is the most abundant of renewable polymers next to cellulose with a global annual production of 70 million tons, largely produced from pulping and second generation biofuel industries.
Use of lignocellulosic biomass as a second generation feedstock in the biofuels industry is a pressing challenge.
It has only written two sets of regulations for transportation, the largest source of emissions, and a third set for the electrical generation industry, although it will not come into effect until 2015, the study said.
