American senator still believes in bioethanol agreement

The important political agreement, which can be lucrative for Danish companies such as Novozymes is not dead, says Republican senator Ted Cruz.

Photo: Novozymes/ PR

Although no consensus has been reached regarding a mandate to increase the use of bioethanol in the US, the Republican senator Ted Cruz, who is one of the promoters of the bill, is still optimistic in terms it being finalized, according to Bloomberg News.

The policy aims at supporting American farmers who can expand their corn production for corn-based ethanol.

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