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Chemical Week Magazine :: Business & Finance :: United States/Americas

Industrial biotech continues to build critical mass

6:25 AM MDT | June 21, 2013 | —Rebecca Coons in Montreal

Momentum in industrial biotechnology is accelerating as large-scale projects are commissioned and biobased processes become part of strategic plans at large chemical companies. Executives attending the Biotechnology Industry Association’s (Washington) World Congress on Industrial Biotechnology and Bioprocessing, held 16–19 June at Montreal, said that financing remains a challenge but that technologies that can be successfully scaled to produce cost-competitive chemicals will continue to gain traction. Anton Robek, president/biobased products and...

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