Bio-Based Acrylic Acid
- Dow Chemical Company and OPX Biotechnologies (OPXBIO) announced a collaboration to develop an industrial scale process for the production of bio-based acrylic acid using fermentable sugar (corn and cane sugar) feedstock with equal performance qualities as petroleum-based acrylic acid.
- The petroleum-based acrylic acid market is $8 billion and growing 3 per cent to 4 per cent pr year. If collaborative research is successful, the companies will commercialization opportunities that could bring bio-based acrylic acid to market in three to five years.
- Myriant is aggressively advancing our pipeline and diversifying our product offering of bio-based chemicals,” said Cenan Ozmeral, Chief Operating Officer at Myriant.
- “Bio-acrylic acid, like our first two products, is an important chemical building-block monomer and demand exists for affordable, high-performing drop in bio-acrylic acid for existing large market applications.