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BASF and Renmatix agree on a joint development for the production of industrial sugars from biomass  

By Gerald Ondrey |

BASF SE (Ludwigshafen, Germany; www.basf.com) and Renmatix Inc. (Philadelphia, Pa.; www.renmatix.com) will jointly scale up the Renmatix Plantrose process for the production of industrial sugars based on lignocellulosic biomass. The two companies signed a non-exclusive joint development agreement. The parties have agreed to key financial terms for future commercial licenses, which BASF can exercise at its discretion. The collaboration follows BASF’s $30 million investment in Renmatix in January 2012. The Plantrose technology developed by Renmatix enables industrial sugar to be produced, at competitive costs, from a variety of non-edible biomass (lignocellulose) sources. The proprietary process breaks down lignocellulosic sources (such as wood, agricultural-residues or straw) into industrial sugars using supercritical water (for more details, see Chem. Eng., November 2011; www.chemengonline.com/chementator/8609.html). Industrial sugars are important building blocks for various basic chemicals and intermediates that can be produced, for example, by fermentative processes. The availability of these industrial sugars in sufficient quantities and at competitive cost is important to enable both environmentally-friendly and cost-competitive…
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