US Biofuel IPOs go bust after a strong start

There’s a piece about the way that US several Biofuel IPOs are going bust after a strong start tructure of the US biofuel market availavble in ICIS Chemical Business Magazine, published while I was on holiday. Apart from being written in the past tense, which gives an air of finality to the piece, which is not really justified, there are some interesting conclusions, and the parallel with the US oil industry in the 19th century seems to bear an uncanny similarity.

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