CHICAGO The renewable fuel that Tyson Foods
Inc. is developing from animal fat will be more useful than
ethanol, Chief Executive Richard Bond said on Wednesday.
"(The fuel is) absolutely better than ethanol," Bond said
in response to a question at the Reuters Food Summit in
The largest U.S. meat company, which produces 2.3 billion
pounds of fat a year as a byproduct of its operations, could
potentially start production of the fuel by the end of the
year, Bond said.
"We are pretty far along on some technological advances
working with some other companies," he added.
Fat-based renewable fuels could possibly be used for jets
or diesel engines, said Bond, who declined to outline any
specific goals or target dates for production.
The company is still trying to work through some issues in
the development, Bond said, though he declined to specify the
President Bush has called for the use of 35 billion gallons
of renewable fuels by 2017 in an effort to reduce gasoline
consumption by 20 percent. Corn-based ethanol is expected to be
used heavily to reach the target but companies are working to
develop other technologies to meet the goal.
Tyson created a renewable energy unit, which also is
looking at ways to produce energy from poultry litter, in