Shale gas boom creates impulse for bio based chemicals

Bio based chemicals are the unexpected beneficiaries of the North American shale gas boom, says a special report from IHS Inc., a leading global source of critical information and insight. Sugars, glycerin and other plant-derived feedstocks are emerging as economically competitive starting materials for a range of commodity chemicals, in…

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Evonik invests in biobased lubricants

Evonik has closed on an equity investment in Biosynthetic Technologies, LLC (BT), a specialist in biobased lubricants headquartered in Irvine (California, USA). BT has developed and manufactures a new class of bio-based synthetic oils called estolides that are used primarily in the passenger car motor oil and industrial lubricant sectors.…

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