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Farm Bill will create new manufacturing opportunities.

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Press Release Summary:

February 13, 2014 - BIO thanked Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) and Ranking Member Thad Cochran (R-Miss.) on final passage in the Senate of the Federal Agriculture Reform and Risk Management Act of 2013. Brent Erickson, EVP of BIO’s Industrial & Environmental Section, noted, "The Farm Bill’s energy programs are now open to renewable chemical technologies that create new manufacturing opportunities and jobs while improving U.S. economic competitiveness."

Biotechnology Industry Organization

1201 Maryland Ave., SW, Ste. 900, Washington, DC, 20024, USA

Original Press Release

Farm Bill Will Open Opportunities in Renewable Chemicals and Biobased Manufacturing

Press release date: February 4, 2014

WASHINGTON--The Biotechnology Industry Organization (BIO) today thanked Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) and Ranking Member Thad Cochran (R-Miss.) on final passage in the Senate of the Federal Agriculture Reform and Risk Management Act of 2013. BIO also thanked the energy title’s many champions in the Senate, including Sens. Roy Blunt (R-Mo.), Al Franken (D-Minn.), Tom Harkin (D-Iowa), and Amy Klobuchar (D-Minn.).

Brent Erickson, Executive Vice President of BIO’s Industrial & Environmental Section, noted, ”The Farm Bill’s energy programs are now open to renewable chemical technologies that create new manufacturing opportunities and jobs while improving U.S. economic competitiveness. The Biorefinery Assistance Program has already helped secure millions in private capital for advanced biofuel projects and will now provide certainty for investors in the renewable chemicals and biobased manufacturing sector.

“By renewing funding for the Biomass Crop Assistance Program and creating a path to insure purpose-grown energy crops against disaster, Congress is also making an important investment in the future of U.S. agriculture. BIO thanks Senator Stabenow for her consistent leadership on the Farm Bill and particularly the energy title. With stable policy over the next five years, this Farm Bill can continue to support economic growth and create employment opportunities in rural communities across the country.”

About BIO
BIO is the world's largest trade association representing 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. BIOtechNOW is BIO's blog chronicling “innovations transforming our world” and the BIO Newsletter is the organization’s bi-weekly email newsletter.” Subscribe to the BIO Newsletter.

Upcoming BIO Events

BIO CEO & Investor Conference
February 10 – 11, 2014
New York, NY

BIO Asia International Conference
April 8-9, 2014
Tokyo, Japan

World Congress on Industrial Biotechnology
May 12-15, 2014
Philadelphia, PA

BIO International Convention
June 23-26, 2014
San Diego, CA

Livestock Biotech Summit
September 16-18, 2014
Sioux Falls, SD

Contacts
Biotechnology Industry Organization
Paul Winters, 202-962-9237
Web: www.bio.org
Blog: www.biotech-now.org
Twitter: @IAmBiotech

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