Des Moines, Iowa
February 27, 2003
Pioneer Hi-Bred International, Inc. announced today a
commitment to use biodiesel in its farm and tractor equipment
and over-the-road diesel vehicles as of April 2003, where
available.
Tom West, Pioneer vice president,
made the announcement today at a press conference at the annual
Commodity Classic held in Charlotte, N.C., through tomorrow. Ron
Heck, first vice president of the American Soybean Association,
member of the national Biodiesel Board and an Iowa grower joined
West and praised Pioneer for its support of the environment and
oilseed producers.
"Pioneer's use of biodiesel
creates more demand for biodiesel, which in turn creates higher
demand for soybeans, canola and other oilseeds," said Heck. "We
hope Pioneer's leadership encourages other agribusiness
companies to follow suit."
This policy will affect Pioneer's
U.S. and Canadian research and supply management operations and
includes more than 300 diesel vehicles and pieces of farm
equipment.
"Our commitment to biodiesel is
another way Pioneer is supporting agriculture by increasing
demand for the crops our customers grow," said West. "The
decision is also in line with the environmental goals of DuPont
to become a more sustainable company by increasing our use of
renewable resources, therefore reducing our environmental
footprint. This move is a step toward that end -- a reflection
of our commitment to the environment and renewable energy."
As part of its sustainability
mission, DuPont has set four environmental goals for 2010,
supplementing existing goals:
- To derive 25 percent of
revenues from non-depletable resources -- up from 14 percent
in 2002.
- To reduce global
carbon-equivalent greenhouse gas emissions by 65 percent,
using 1990 as a base year. The company has already surpassed
this goal with a 68 percent reduction.
- To hold energy use flat using
1990 as a base year.
- To source 10 percent of the
company's global energy use in the year 2010 from renewable
resources.
Biodiesel is a cleaner burning
alternative fuel produced from renewable vegetable oils from
crops like soybeans, canola and sunflower. It can be used as a
pure fuel (B100) or can be blended at varying percentages with
petroleum diesel (petrodiesel). These blends of 2, 5 and 20
percent are most commonly referred to as B2, B5 and B20 and can
be used on diesel engines without modifications.
Utilizing biodiesel has
significant environmental, energy security and economic
benefits. Independent tests show that the use of biodiesel
results in the significant reduction in unburned hydrocarbons,
carbon monoxide and particulate matter emissions compared to
petrodiesel. And biodiesel contains no sulfur or aromatics and
reduces lifecycle carbon dioxide by 78 percent. Increasing the
use of renewable fuel reduces dependence on foreign oil and
contributes to the farm economy. About 300 major fleets
currently use biodiesel nationwide.
For Pioneer, the conversion from
petroleum diesel to biodiesel is relatively cost neutral.
Although B2 and B5 biodiesel costs approximately 2 cents and 5
cents more per gallon respectively than petroleum diesel, when
weighing the benefits to the environment, agriculture and the
economy, biodiesel is a much better investment. The cost of B2
and B5 biodiesel is comparative to premium diesel.
For more information on biodiesel
including how and where it is produced and information on the
benefits to the environment and economy, visit
www.biodiesel.org .
Pioneer Hi-Bred International,
Inc., a subsidiary of DuPont, is the world's leading source of
customized solutions for farmers, livestock producers and grain
and oilseed processors. With headquarters in Des Moines, Iowa,
Pioneer provides access to advanced plant genetics, crop
protection solutions and quality crop systems to customers in
nearly 70 countries. DuPont is a science company headquartered
in Wilmington, Del. Founded in 1802, DuPont puts science to work
by solving problems and creating solutions that make people's
lives better, safer and easier. Operating in more than 70
countries, the company offers a wide range of products and
services to markets including agriculture, nutrition,
electronics, communications, safety and protection, home and
construction, transportation, apparel, home and textiles. For
additional company or product information, visit the Pioneer
worldwide
Web site:
http://www.pioneer.com
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