Our second manufacturing process is for butadiene. Butadiene is one of the seven basic chemicals at the core of the chemical industry and is a key chemical raw material used in the production of tires, engineering polymers and latex products. Global demand was forecast at over 20 billion pounds in 2011, or more than $20 billion.
In August 2011, we announced that we had successfully produced butadiene from renewable feedstocks in pound quantities.
In April 2013, Versalis and Genomatica signed an agreement to create a joint venture for bio-based butadiene. The two companies will work together to develop a complete ‘end-to-end’ process for the on-purpose production of butadiene from non-food biomass.
We believe Genomatica’s technology and process can offer a renewables-based option for the dedicated on-purpose production of this important supply-constrained chemical.
Genomatica has successfully produced pound quantities of bio-based butadiene,
made from renewable feedstocks.