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