10 May 2013 08:35 [Source: ICIS news]
SINGAPORE (ICIS)--German chemical producer BASF will produce butanediol from renewable feedstock using the patented process technology of US firm Genomatica in the second half of the year, the companies said on Friday.
Financial details of the licensing agreement between the two companies were not disclosed.
“Under the terms of the agreement, Genomatica will continue to advance its patented renewable BDO production process technology based on sugars while BASF will produce renewable BDO, which will be available in the second half of 2013 for sampling and trials,” they said in a joint statement.
BASF currently produces 535,000 tonne of BDO and BDO-equivalents across five countries. Its manufacturing sites are in Ludwigshafen, Germany; Geismar, Louisiana, US; Chiba, Japan; Kuantan, Malaysia; and Caojing, China.
The company has recently announced plans to build a BDO complex in China with a capacity of 100,000 tonnes/year, it said.
BDO and its derivatives are widely used in plastics, solvents, electronic chemicals and elastic fibres.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections