Biochemicals are in the Biomaterials sector within the clean technology industry and offer a more sustainable yet profitable alternative.
Building a New and Renewable Market
Producing biochemicals benefits the forestry, agricultural and emerging renewable fuels industry by adding significant value to their waste and byproduct streams.
Demand for chemicals such as ethylene and propylene glycol grows annually. The vast majority of these millions of tonnes are petrochemicals. Increasingly, governments and private industry are moving away from these products with their reliance on a finite and increasingly costly feedstock.
Using a variety of non-food grade biomass, feedstock production capacity is over 200,000 tonnes annually with a cost structure competitive with identical petrochemicals.
This advantage comes with significantly reduced GHG emissions. Converting just 5% of the 20 million tpy glycol market potentially takes the equivalent of 330,000 cars off the road or about 1800 kilotonnes each year.
Using renewable sugars to produce glycols in place of conventional fossil fuel feedstocks (ethylene, propylene, naptha) reduces GHG emissions by an estimated 1.8 tonne of CO2 equivalent per tonne of glycol produced. Savings are gained both in the production process and through sequestration of carbon.
S2G’s renewably sourced bioglycols simplifies logistics by siting plants close to major users reducing both transportation costs and emissions.