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Abstract The article contains sections titled: 1. Introduction 2. Historical Outline 2.1 Historical Technological Outline and Industrial Resources 2.2 The Beginning – A Digest 2.2.1 Sugar Production 2.2.2 Starch Hydrolysis 2.2.3 Wood Saccharification 2.2.4 Furfural 2.2.5 Cellulose and Pulp 2.2.6 Levulinic Acid 2.2.7 Lipids 2.2.8 Vanillin from Lignin 2.2.9 Lactic Acid 2.3 The Origins of Integrated Biobased Production 3 Situation 3.1 Some Current Aspects of Biorefinery Research and Development 3.2 Raw Material Biomass 3.3 National Vision and Goals and Plan for Biomass Technology in the United States 3.4 Vision and Goals and Plan for Biomass Technology in the European Union and Germany 4 Principles of Biorefineries 4.1 Fundamentals 4.2 Definition of the Term “Biorefinery” 4.3 The Role of Biotechnology 4.3.1 Guidelines of Fermentation Section within Glucose‐product Family Tree 4.4 Building Blocks, Chemicals and Potential Screening 5 Biorefinery Systems and Design 5.1 Introduction 5.2 Lignocellulosic Feedstock Biorefinery 5.3 Whole‐crop Biorefinery 5.4 Green Biorefinery 5.5 Two‐platform Concept and Syngas 6 Biorefinery Economy 7 Outlook and Perspectives