UNICORN CHEMICAL LLC

RENEWABLE ENERGY FOR
THE 21st CENTURY

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In early March 2006, the European Commission agreed and adopted both legislative and research measures, and released the "EU Strategy for Biofuels".  The objective of the initiative is to significantly increase the capacity and  production of biofuels in the EU.
The "EU Strategy for Biofuels" initiative further strengthens previous initiative established in December 2005. The objective is to reduce Europe's dependence on fossil fuel imports and to reduce greenhouse gas emissions, and meet the tough targets established under the Kyoto Protocol.
Biofuels include ethanol (bioethanol), biodiesel and biogas. In 2004, the world production of bioethanol for fuel use was around 30 million tons (over 10 billion gallons). The  United States has been the fastest growing ethanol regions in the world.  The European Union produced almost 0.5 million tons of bioethanol in 2004, and about one million tons in 2005, and they are targeting three million tons by the end of 2007.  The leading consumer was Sweden, with about 80% of the quantities imported, mostly from Brazil.

There are currently only minuscule amounts of fuel ethanol produced in Eastern Europe, due to the unsettled market legislation. Since the UNICORN production is entirely exported abroad, the company is not impacted by the local legislation, yet it will benefit from lower priced and plentiful feedstock, lower wages and cheaper land.

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