Our GENO BDO™ process is for the production of BDO, an intermediate chemical used in everyday products including athletic apparel, running shoes, electronics and automotive applications.
Our GENO BDO process is now commercial. Our process was used to produce 5 million pounds of BDO in late 2012, all sold and shipped; and has been licensed by BASF, the world’s #1 chemical producer and #1 BDO producer, as well as by Novamont in Italy.
Importantly, BDO made using our process has been tested successfully by multiple companies. That means they made polymers, fibers and materials with the same properties as when they use petro-BDO; and they used the same equipment and processes to make their products as when they use petro-BDO. In April 2013, Toray was the first company to publicly confirm successful production of bio-based PBT and part samples from BDO made with our process. In June 2013, Lanxess announced large-scale production of PBT in their standard world-scale plant. Also in June 2013, Far Eastern announced high-performance fibers and apparel made using BDO made with our process. In October 2013, DSM announced they had approved BDO made with our process for use in their Arnitel product lines, and published a detailed technical paper with their testing process and results.
Our technology is covered by multiple patents, including US patent #8,067,214B2.
We expect the first dedicated commercial-scale plant that uses our GENO BDO process to produce approximately 40 million pounds of BDO per year in a plant in Europe that is owned and operated by one of our partners, Novamont. We are also targeting deployment of larger BDO plants (>100 million pounds per year) by partners licensing our process in the United States, Europe and Asia.