20 January 2012 18:29 [Source: ICIS news]
HOUSTON (ICIS)--Genomatica and Novamont will go ahead with a joint venture to produce butanediol (BDO) from renewable feedstocks at a 40m lb/year (18,000 tonnes/year) plant in ?xml:namespace>
Novamont will have a majority of the equity in the joint venture, and Genomatica a minority interest, the companies said without disclosing financial details.
Under the agreement, Novamont is converting a facility in
Novamont will use the BDO for its production of biopolymers.
In addition, Novamont may build and operate a second BDO plant using Genomatica's process, the companies said.
Check out Doris de Guzman’s Green Chemicals Blog for views on sustainability issues
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