Mexico's Newest Business Opportunity: Biofuel

If you missed it the first time, Aeromexico successfully charted a long haul commercial flight from Mexico City to Madrid using their own biofuel. Jatropha is the crop behind the biofuel and is cultivated in areas not suitable for growing food. The plant is native to Central America and places in Mexico.

Director General of Airports and Auxiliary Services (ASA), Gilberto Lopez Meyer speaks to the business goals of Mexico in the biofuel industry, "This will help boost the industry. By the year 2015 we are aiming to power 1 per cent of the flights on biofuel and by 2020 15 per cent. This is a strategic goal.”

The Mexican government aims to be the leading supplier of airline biofuel in the area. Read more at the Financial Times to learn about the great potential for this biofuel industry and Mexico's position within it.

Mexico's newest business opportunity - Jatropha plant
Photo source: domesticfuel.com