Kiverdi, Inc., a privately held company that makes sustainable oils and oil-derived chemicals converted from carbon-rich waste, received the 2012 Sustainable Biofuels Award for Leader in Bio-based Chemical Industry as part of the 4th Annual Sustainable Biofuels Awards. The award was presented to Kiverdi CEO Lisa Dyson at the World Biofuels Markets Congress & Exhibition in Rotterdam, Netherlands. The Sustainable Biofuels Awards, among the biofuel industry’s most established and prestigious, are designed to recognize the remarkable innovation taking place in the development of truly sustainable and renewable fuels and chemicals.
“We are thrilled to receive recognition as a truly next-generation biobased chemicals and fuels company by an esteemed panel of industry leaders. Innovative biobased chemicals and fuels that are able to use low-cost feedstocks can transform the chemical industry,” said Kiverdi CEO Lisa Dyson, Ph.D. “At Kiverdi, that is a defining characteristic of our technology. We are leveraging this innovative technology to help our partners and consumers shift the industry to long-term environmental and economic sustainability and growth.”
Kiverdi’s proprietary Carbon Engineering(TM) bioconversion system uses low-cost, readily available carbon-rich waste to produce the oil-derived chemicals needed for products like plastics, detergents, and fuel additives that are currently being produced today largely from fossil-fuel-based petrochemicals. Kiverdi’s flexible platform can recycle carbon from a number of sources including flue gas or waste-derived syngas from industrial waste, landfills, or wood waste.
Kiverdi’s sustainable oils are cost-effective and beneficial for industry, the community, and the planet-and unlike many chemical and fuel alternatives, do not rely upon costly chemical catalysts or sugar as a feedstock. Kiverdi is making sustainability both affordable and commercially viable.
Utilizing carbon-rich waste has a number of beneficial qualities. It is not subject to the wild price fluctuations, supply disruptions, or geopolitics associated with fossil-fuel-based petrochemicals and does not require expensive and environmentally invasive extraction resources. Likewise, building products from recycled carbon does not require sourcing and storing repurposed food staples such as sugar, corn, or soy. Producing lower cost, high-quality oils and oil-derived chemicals from carbon-rich waste does, however, require a great deal of scientific, engineering, and commercial ingenuity.
Kiverdi is a privately held, San Francisco-based advanced chemicals company that is transforming carbon-rich waste and syngas into high-value, lower cost oils that are used in everyday products. Kiverdi’s advanced oils are designed to reduce reliance on petroleum, lower carbon dioxide emissions, and have the ability to realistically meet the growing demand by consumers for sustainably sourced products with a low carbon footprint. For more information, visit www.kiverdi.com.
About Carbon-rich Waste
Carbon-rich waste comes in many forms, including carbon in municipal waste from plastics, construction, and household trash; carbon in the methane from livestock waste and sewage; and carbon in the wood and pulp scraps from milling and papermaking. Carbon waste is buried (landfills), burned (incinerators), or vented as a gas into the atmosphere (methane and CO2). Kiverdi can use carbon waste as a renewable feedstock to produce high-value, lower cost, and sustainable oils and oil-derived chemicals, which are used in everyday products, such as plastics, detergents, and fuel additives.
About The 4th AnnualSustainable Biofuels Awards
The awards ceremony was held in conjunction with the 7th annual World Biofuels Markets Congress & Exhibition, currently taking place in Rotterdam through March 15, 2012. Already one of world’s leading biofuels events, the 7th annual World Biofuels Markets Congress & Exhibition features 260 world-class speakers. For more information, visit www.worldbiofuelsmarkets.com.
Source: Marketwatch, Press Release, 2012-03-14.