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EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market

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Separately, a new report by Pike Research forecasts that green chemistry represents a market opportunity that will grow from $2.8 billion pound, $3-billion worldwide market. Fermentation requires no organic solvent, and the water used is recycled. billion in 2011 to $98.5 billion by 2020. The biggest benefits are during use.

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