Anellotech and Suntory Honored as Recipients of “Top 10 Innovations” Award by Innovation for Cool Earth Forum
Click here to read Anellotech's Press Release on its alliance with Japan-based Suntory as recipients of the 'Top 10 Innovations' award at the 2017 Innovation for Cool Earth Forum (ICEF) in Japan :
Anellotech is developing the Bio-TCat™ process to produce cost-competitive renewable aromatic chemicals (benzene, toluene and xylenes, “BTX”) from non-food biomass for use in making plastics such as polyester, nylon, polycarbonate, polystyrene, or for renewable transportation fuels. Bio-TCat’s cost-competitive advantage results from the use of non-food biomass such as wood or agricultural residues, and an efficient and economical catalyst as the only significant inputs.
By using renewable and readily available non-food feedstock materials the Bio-TCat process is less expensive compared to bio-based processes relying on sugar as a feedstock, and avoids competition with the food chain. These renewable products are expected to be produced and sold profitably either against identical, petroleum-derived BTX counterparts, or as renewable fuel blend stocks. Anellotech complements its world-class R&D team with in-depth, highly-interactive, and long-term alliances with leaders in process development, catalysis, engineering design, and licensing to accelerate development and drive cost-competitiveness. IFPEN is our process development and scale-up partner, Johnson Matthey is our catalyst development partner, and Axens is our partner for industrialization, commercialization, global licensing and technical support. Industry-leading strategic partners in the BTX supply chain, including Suntory and Toyota Tsusho, as well as other confidential strategic investors, also have provided funding to Anellotech. To learn more, please visit: www.anellotech.com
Following the acquisition of a majority stake in Heurtey Petrochem’s capital and the integration of 50% of Eurecat, Axens Group now provides a complete range of solutions including: technologies, equipment, furnaces, modular units, catalysts, adsorbents and services for the conversion of oil and biomass to cleaner fuels as well as production and purification of major petrochemical intermediates. The offer also covers all of natural gas' treatment and conversion options. Axens Group is ideally positioned to cover the entire value chain, from feasibility study to unit start-up and follow-up throughout the unit entire life cycle. This unique range of solutions ensures the highest level of performance with a reduced environmental footprint. Axens Group’s global offer is based on: highly trained human resources, modern production facilities and an extended global network for industrial, technical supports & commercial services.