9 August 2013

Industrial biotechnology: Chemical building blocks from renewable resources

Companies need to understand how to bring new biopolymers to market

Chemical majors are collaborating with biotechnology companies to develop chemicals derived from renewable feedstocks. Most activity is still at the development stage with only a small number of chemicals, such as 1,3-propanediol and lactic acid, being produced at industrial scale. Biobased succinic acid is the latest chemical from renewable feedstocks that is being produced on a larger scale.

The global market for renewable chemicals is anticipated to grow from $3.6 billion today to over $12 billion by 2020, according to Rennovia (Menlo Park, CA), which is targeting production of a suite of chemical products from renewable feedstocks.

… Full text: www.chemweek.com/lab/Industrial-biotechnology-Chemical-building-blocks-from-renewable-resources_54373.html

Tags: biobased economy, sustainability, customer demand, lignocellulosics, statistical undervaluation, Basfi succiniproducens, fermentation, butadiene, bioBDO

Source: IHS Chemical Week, 2013-08-09.

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