Special Report: Green and Biobased Materials

Carbon dioxide is becoming a valuable raw material for chemical industry
ICIS, Chemical Business, 5 January 2017

After many years of development and scale up, renewable and biobased technologies are coming to the market, attracting the attention of established major producers and technology providers. 

It is a sign of the maturity of the green and biobased chemicals sector that major producers and technology providers are making moves to join the entrepreneurs and start-ups that have been driving the technology forward.

Just last month, for instance, Saudi Arabia’s huge energy and chemicals major Saudi Aramco made a $100m move to acquire the Converge carbon dioxide to polyols technology developed by US-based Novomer. 

And in other moves this year, France’s Technip and Finland’s Neste have both signed agreements to co-develop biobased chemicals with partners, the latter with no less than IKEA, to develop a range of biopolymer products...