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Renewable Chemical Corp. to Use Sugarcane Ethanol to Manufacture Renewable Chemicals

Date Posted: July 28, 2008

Sarasota, FL—Industrial Biotechnology Corporation, (IBC) (Pink Sheets:IBOT), is pleased to announce the formation of its subsidiary, Renewable Chemicals Corporation (RCC).

RCC intends to produce chemicals utilizing sugar-cane based ethanol as feedstock source material instead of petroleum.

RCC plans to produce these renewable chemicals customized to the specific sustainability and pricing requirements of the consumer packaging, energy, agricultural, pesticides, materials and polymer industries.

“There is tremendous market interest for plastics derived from renewable, sustainable sources,” says Industrial Biotechnology Corporation CEO Andy Badolato.

“Major retailers, consumer product companies, and the packaging and plastics industries are working together to implement solutions to lessen our dependence upon foreign oil and to reduce global warming.

The utilization of sugar cane ethanol as a chemical feedstock is the next logical step, after its use as an alternative fuel.”

For more information, call 941-925-2500.

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