Global Ethanol Production to Reach 88.7 Billion Litres in 2011
(February 14, 2011) TORONTO, ON The Global Renewable Fuels Alliance (GRFA) in cooperation with F.O. Licht released its global annual ethanol production forecast today. The GRFA forecasts ethanol production to hit 88.7 billion litres in 2011 replacing the need for one million barrels of crude oil per day worldwide. This highlights the growing impact that ethanol production is having on reducing the worlds reliance on crude oil.