DSM on a global prowl for next-gen ethanol JVs

In England, Bloomberg reports that DSM CEO Feike Sijbesma is looking to establish ventures in Europe, China and Brazil that are similar to the agreement established with Poet last month.  In an interview conducted in London, Sijbesma is quoted as saying, “…We can expand this to other regions of the world with other materials. We can go to Brazil, we can go to China, we can go to Europe.”  The article notes that Sijbesma commented further, that DSM could gain as much as $1 billion in revenues by 2020 from 2nd generation ethanol production.