"Winning the Kirkpatrick Award confirms that our process technology works; our economics work; and our overall process engineering, scale-up and technology transfer work," said Christophe Schilling, Ph.D., CEO of Genomatica. "Our first process, for BDO, is ready for widespread deployment and use and we're championing the product value chains that will benefit from the BDO made by licensees using our process. We're looking forward to applying the same disciplined development and industrial-scale engineering to deliver processes for multiple additional widely-used chemicals."
Genomatica is a widely-recognized technology leader for the chemical industry. It develops manufacturing process technologies that enable its licensee partners to produce the world's most widely-used chemicals a 'better way,' from renewable feedstocks, with better economics and greater sustainability than petroleum-based processes.
Genomatica's first process, for BDO, is now commercial. Genomatica's BDO process was used to make 5 million pounds of BDO in late 2012; and has been licensed by BASF and by Novamont. Multiple companies, including Lanxess, Toray and Far Eastern New Century, have confirmed that BDO produced using Genomatica's BDO process can be used the exact same way for downstream products as chemicals made from fossil fuel feedstocks, simplifying and accelerating adoption. Genomatica is developing processes for additional major chemicals; the next is for butadiene, with Versalis as partner.
Genomatica's recognition includes the Wall Street Journal Technology Innovation award, ICIS Top 40 'Ones to Watch,' the EPA Presidential Green Chemistry Challenge Award, and being voted #1 Hottest two years in a row by Biofuels Digest.
CONTACT: For Genomatica:
Rob Adler, email@example.com, 415.984.1970 x0104