Can I add on to that? It's an important reason why so many bioproducts projects are co-locating beside forest products operations, because it costs a lot more to transport a log, a pile of shavings, or a bunch of sawdust than it does if you convert it into a higher-valued product, whether that product is a biofuel or advanced chemical. There is too much water and too much weight in the primary product.
On November 8th, 2017. See this statement in context.