Sustainable light olefins company Global Bioenergies enters into an agreement with a German car manufacturer
Global Bioenergies S.A., an industrial biology company developing sustainable routes to light olefins (earlier post) has signed an agreement with a major German car manufacturer regarding an undisclosed application of its technology.
Global Bioenergies develops direct fermentation processes to convert renewable resources into light olefins such as isobutene and butadiene. Those molecules are source material for several applications in the fields of fuel production and the chemical industry.
Several applications of Global Bioenergies’ molecules are relevant for the car industry, one of which is the subject of the present agreement.
This prominent car manufacturer has a long term vision to take sustainability as an integral part of the entire value chain, which we aspire to be part of. This involves intelligent mobility solutions, be it with respect to the energy source powering cars or the materials employed, such as plastics. It prepares the build-up of a very promising partnership for the years to come.—Marc Delcourt, CEO of Global Bioenergies
Global Bioenergies initially focused its efforts on the production of isobutene, one of the most important petrochemical building blocks that can be converted into fuels, plastics, organic glass and elastomers. The company says that it continues to improve the yield of its process and is preparing the phase dedicated to pilot testing. The company is also looking to replicate this success with other members of the gaseous olefins family (propylene, ethylene, linear butylenes, butadiene…), key molecules at the heart of petrochemical industry.