IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Industrial Biotech

Momentum Builds Behind Viable Biobased Technologies

2:04 PM MDT | May 14, 2012 | —Rebecca Coons in Orlando

Chemical companies are seeing an increase in opportunities to swap oil and natural gas with renewable raw materials due to the availability of viable, low-cost production processes, say attendees at the Biotechnology Industry Association’s (Washington) World Congress on Industrial Biotechnology & Bioprocessing, held recently in Orlando, FL. Biobased chemical firms have advanced scale-up and market development efforts since last year’s meeting, and major chemical manufacturers say they are open to new investment and partnership opportunities in...

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