InterviewDSM expects more biotech deals in 2011

25 March 2011 15:29  [Source: ICIS news]

Chief Innovation Officer at DSM, Rob van LeenLONDON (ICIS)--Netherlands-based DSM is likely to sign several technology partnerships in biotechnology-based chemicals and fuels during 2011including the upscaling of its bio-succinic acid joint venture, the company’s chief innovation officer said late on Thursday.

The deals are likely to involve DSM supplying technology and partnering with feedstock suppliers or downstream distributors, according to Rob van Leen.

“It’s very likely that you’ll see consortia with people that are active in raw materials. An example of this is our partnership with Roquette in succinic acid but it could also be more downstream in the biofuels space where we are active. It’s very likely that we’ll work with people that are active in fuels,” he said.

Van Leen said the company will soon announce the next stage of its Reverdia joint venture project with French group Roquette for the production of bio-succinic acid. In 2010 DSM signed a deal for the construction of a demonstration plant near Lyon in France.

DSM said then that a decision would be made in the next 3-6 months on the upscaling of the plant to 5-15,000 tonnes/year.

The bio-succinic acid will be used to manufacture products such as 1,4 butanediol, polyurethane resins, and biopolymers such as polybutylene succinate into applications among others in paints and coatings, automotive and textiles.

Van Leen said: “You will probably see during the course of this year the announcement of several partnerships in the field of white biotechnology, which is renamed bio-based products and services. There will be partnerships with people who have the feedstocks, where we have the technology, and other people who have the distribution – especially in fuels.”

He added: “In chemicals sustainability really comes in. The whole area of bio-based products will grow tremendously as there is so much demand in the market now. So our focus will be on those molecules which on an integral basis have a lower environmental footprint. That will drive innovation not just in our innovation centre but in our business groups like engineering plastics and resins.”

For more on DSM visit ICIS company intelligence

By: Will Beacham
+44 20 8652 3214

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