International aviation organization predicts that by 2020 China’s civil aviation aircraft refueling needs will reach 40 million tons. Among them, biological fuel will reach 30% of the total fuel, which is 12 million tons. At a price of 10000 yuan per ton, in 2020 China’s biological jet fuel market scale would thus reach 120 billion yuan.
China Industrial Biotechnology Network, May 8, 2013
International aviation organization predicts 12 million tons of aviation biofuel by 2020.