Collaboration to produce butadiene from biomass
24 Jul 2012
Versalis, Eni’s chemicals subsidiary in the production of elastomers, together with Genomatica and Novamont, has signed a Memorandum of Understanding (MOU) to establish a strategic partnership to enable production of butadiene from renewable feedstocks.
The partnership will develop a comprehensive ‘end-to-end’ process for production of polymer-grade butadiene from biomass. Versalis will hold a majority interest in the joint venture holding company and aims to be the first to build commercial plants using the process technology.
Butadiene is a raw material used in the production of rubber for tires, electrical appliances, footwear, plastics, asphalt modifiers, additives for lubricating oil, pipes, building components, and latex.
However, the raw material required to produce it, extracted from ‘C4’s (a mixture of molecules containing four carbon atoms) and produced by cracking plants, is increasingly subject to availability problems.
Decreasing supplies and a lack of dedicated butadiene production facilities have resulted in significant long-term pressure on the price and volatility of the chemical, which in turn increases the price of butadiene-based products, including tires.
Concerns of scarcity in the butadiene market are compounded by growth forecasts within the BRIC countries where demand for automotive products made from butadiene, such as tires, is expected to increase.
In this context, butadiene supplies from biomass become strategic to Versalis, because in times of C4 stream scarcity it can be freed from naphtha cracking processes.
“Genomatica’s process technology for on-purpose butadiene combined with our experience in downstream applications and our ability to rapidly scale and commercialize the process can expand our industry’s approach to C4 production, seizing a promising business opportunity in a market that is experiencing a critical time,” said Daniele Ferrari, CEO of Versalis.
“Together we will have a great opportunity to apply Novamont’s concept of third generation integrated biorefineries to a well-known chemical like butadiene, applying new biotechnological and chemical processes to local biomass for an innovative industry at local level, thereby improving environmental, economical and social sustainability,” said Catia Bastioli, CEO, Novamont.