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<br>Based on our new research report "Global Biofuel Market Analysis", the market will [witness](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) a quick development track from 2010 onwards in the [backdrop](https://www.google.com/search?kgmid=/m/0cqd_rb) of diminishing fossil fuels and deterioration of ecological conditions. It is [anticipated](https://www.bloomberg.com/profile/company/MNELF:US) that, the [worldwide](https://www.crunchbase.com/organization/mission-newenergy) bio-fuel market will grow at a CAGR of around 18% throughout 2010-2013. Further, numerous federal governments throughout the globe have been executing necessary bio-fuel blend with the traditional fuel to more increase up the demand for [biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br> |