BIO Applauds Legislation for renewable chemicals support.
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Press Release Summary:
BIO and BIOCOM thanked Representative Scott Peters (D-CA) for introducing legislation, offered as amendment to be considered during House floor debate on Farm Bill, that would make renewable chemicals eligible for support in USDA Biorefinery Assistance Program. BIO's Brent Erickson called Peters "a strong champion for the industrial biotech sector," citing his support for renewable chemicals and work as advocate for policies to advance military biofuel production.
Original Press Release:
Rep. Peters' Farm Bill Legislation Levels the Playing Field for Renewable Chemicals
WASHINGTON -- The Biotechnology Industry Organization (BIO) and BIOCOM today thanked Rep. Scott Peters (D-Calif.) for introducing legislation that would make renewable chemicals eligible for support in the USDA Biorefinery Assistance Program. Mr. Peters offered the legislation as an amendment to be considered during House floor debate on the Farm Bill, expected this week.
“Numerous innovative companies in San Diego, and across the country, are working to generate cleaner, renewable products while creating more quality jobs in our biotechnology sector”
“Numerous innovative companies in San Diego, and across the country, are working to generate cleaner, renewable products while creating more quality jobs in our biotechnology sector,” said Congressman Scott Peters. “This legislation promotes clean manufacturing and reduces our dependence on imported energy, which is important to our economy and our national security.”
Brent Erickson, executive vice president of BIO’s Industrial & Environmental Section, said, “Renewable chemicals represent a new opportunity to revive America’s manufacturing sector and improve U.S. economic competitiveness with homegrown technology and innovation. Eligibility for renewable chemical projects in the Farm Bill Energy Title programs is long overdue. We thank Representative Peters for introducing this language and will work with him to ensure that there is a level playing field in Farm Bill energy programs.
“Representative Peters has been a strong champion for the industrial biotech sector in his district, in California and throughout the nation. In addition to supporting renewable chemicals, he is advocating for policies to advance military biofuel production that are vital to U.S. national security. And we look forward to working with him to see that these policies are successful.”
Joe Panetta, President and CEO of BIOCOM, said, “BIOCOM thanks Congressman Scott Peters for introducing legislation that would make renewable chemicals projects eligible for funding under the Farm Bill’s Energy Title programs. Southern California is one of the world’s leading innovators in industrial biotechnology. Recognizing the important role renewable chemicals play in building a strong biobased economy is an essential step in the right direction. We look forward to working with Congress on this critical issue.”
About BIO
BIO represents more than 1,100 biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations. BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products. BIO also produces the BIO International Convention, the world’s largest gathering of the biotechnology industry, along with industry-leading investor and partnering meetings held around the world. BIO produces BIOtechNOW, an online portal and monthly newsletter chronicling “innovations transforming our world.” Subscribe to BIOtechNOW.
About BIOCOM
BIOCOM is one of the largest regional life science associations in the world, representing more than 550 member companies in Southern California. The association focuses on initiatives that positively influence the region’s life science community in the development and delivery of innovative products that improve health and quality of life. For more information on BIOCOM or the Southern California biotechnology and medical device community, please visit BIOCOM’s Web site at www.biocom.org or call (858) 455-0300.
Upcoming BIO Events
World Congress on Industrial Biotechnology
June 16 – 19, 2013
Montreal, Quebec, Canada
BIO IPCC Conference
November 6-8, 2013
Washington, DC
Pacific Rim Summit on Industrial Biotechnology & Bioenergy
December 8-11, 2013
San Diego, CA
Contacts
Biotechnology Industry Organization
Paul Winters, 202-962-9237
Web: www.bio.org
Blog: www.biotech-now.org
Twitter: @IAmBiotech
