News International Sugar Journal

Braskem and Genomatica partner to produce biobased butadiene [Registered]

Braskem and the start-up Genomatica announced that they will jointly develop commercial process technology to make biobased butadiene. Under the agreement, Braskem will fund: Genomatica’s development work over several years; will allocate significant Braskem R&D resources; and fund the construction and operation of pilot and demonstration-scale butadiene production plants using the process. In return, Braskem will receive certain exclusive license rights to use the resulting process technology in the Americas. Genomatica will also receive fees and royalties for each licensed commercial plant. Braskem is the world’s leading producer of biopolymers and the world’s third largest producer of butadiene. The company…

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