28 March 2012
Overview
Myriant Corporation
has made substantial progress towards
the production of cost-competitive bio-acrylic acid
made from renewable feedstocks.
Timeframe
Myriant has filed for patent protection with
the United States Patent and Trademark Office for its
bio-acrylic acid process and
will immediately initiate scale-up activities to provide
product samples to customers in the second half of 2012
Cost Competitiveness of bio-acrylic acid
Based on its progress, Myriant expects that its bio-acrylic acid
will be cost competitive, compared to petroleum-based acrylic acid
without the need for government subsidies or green premiums
Market and its USE
Acrylic acid and its derivatives are some of the most versatile and
widely used chemical monomers mainly because
they impart important properties to a diverse
array of consumer applications, including making
* plastics transparent and
* diapers more absorbent
Acrylic acid is also commonly used in applications ranging from
* coatings and
* adhesives to
* sealants and
* detergents, with an estimated market
in excess of $ 14 billion at current prices. (2012)
Today, acrylic acid is manufactured from petroleum derived proplylene.
As worldwide supply for propylene becomes ever more constrained and
pricing volatility persists for petroleum-derived chemicals,
demand is increasing for the production of acrylic acid from cost-competitive,
renewable feedstocks.
Myriant's high performing bio-acrylic acid will be chemically identical to
acrylic acid made from petroleum, without any loss in performance but
with important perdictability in price.
Myriant's bio-based chemicals in pipeline
1. With Myriant's first product, D(-) lactic acid, commericalized and
2. second product, bio-succinic acid, entering commercial production in early 2013,
3.Myriant is aggressively advancing pipeline and diversifying product
offering of bio-based chemicals. Bio-acrylic acid, like the first two products,
is an important chemical building-block monomer and demand exists for
affordable, high-performing drop in bio-acrylic acid for
existing large market applications.
Timeframe : Samples distribution
Strategically and operationally, this is an important pipeline expansion
product for Myriant.
The company look forward to meeting customer requests
for kilogram-sized samples later this year. (2012)
