23 February 2011 19:22 [Source: ICIS news]
Detergent alcohols will be the company’s first chemical product target for their planned bio-based chemicals portfolio, Codexis chief financial officer Robert Lawson said during a presentation at the Jefferies Clean Technology conference in New York.
“We have already produced laboratory-scale detergent alcohols today,” said Lawson.
“We first plan on using sugar as feedstock and proceed to biomass in the near future,” he added
Lawson said global detergent alcohols were a $4bn (€2.9bn) potential market, with current fatty alcohol prices already reaching between $2,000 and $3,000/short ton.
The conference ends on Thursday.
($1 = €0.73)
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