News International Sugar Journal

Analyst claims that biobased chemicals can save the industry $65.5 billion by 2020 [Registered]

Advances in process conversion technologies is helping to drive down the cost of producing biobased chemicals and thereby making them competitive against chemicals produced from conventional petroleum feedstock. Bonus is the “green” tag that could be exploited in the consumer market for products from biochemicals. According to a recent report from Pike Research, the use of green chemistry in a range of industrial activities will grow rapidly in the coming decade, offering significant direct cost savings as well as indirect savings in the form of avoiding liability for environmental and social impacts. The total amount saved, the cleantech market intelligence…

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