Biofuels are becoming increasingly popular due to their role in reducing carbon footprints and providing renewable energy. With more and more companies investing in and developing biofuel technology, US biofuel stocks are predicted to soar in the next few years.
GodzillaNewz have compiled a list of 6 US biofuel stocks that investors should take note of in 2023. The stocks are:
1. Amyris Inc. (AMRS): Amyris Inc. is a biotechnology company that manufactures and supplies renewable, sustainable ingredients for the health and wellness, industrial, and cosmetics industries. Their technology is used to produce a variety of bio-based products from sugar and extracting oils from plants.
2. Renewable Energy Group Inc. (REGI): REGI is a publically traded company that specializes in biodiesel fuel manufacturing. They produce biodiesel for the transportation, industrial, and commercial markets.
3. Biofuels Energy Corp. (BIOF): BIOF is an energy company that produces and distributes biodiesel fuel. They are involved in the production of Renewable Fuel Standard-compliant biodiesel from animal fats, as well as cellulosic ethanol from feedstocks.
4. Wexco Inc. (WXCO): Wexco is a biofuels and related products company involved in research, development, production, and trading of biodiesel and renewable diesel.
5. SG Biofuels: This company specializes in the breeding of jatropha, a drought-resistant oilseed crop that produces renewable fuels through the processes of biodiesel and biogas.
6. Gen7 Bioènrichment Technologies LLC: Gen7 is a biofuel manufacturing company that employs advanced bioènrichment technologies to produce renewable, sustainable, scaleable biofuel products. They are involved in the biodiesel and bio-jet fuel markets.
Investors looking to expand their portfolio into US biofuel stocks should take a closer look at the companies mentioned today. With global demand for renewable biofuels predicted to grow in the near future, these stocks may provide investors with great potential returns.