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

BASF and Renmatix agree on a joint development for the production of 
industrial sugars from biomass 
-- Renmatix's patented Plantrose™ technology enables production of 
industrial sugars from non-edible, woody biomass 
-- Industrial sugars are important bio-based precursors for a variety of 
chemicals based on renewable feedstocks 
LUDWIGSHAFEN, Germany and PHILADELPHIA, Dec. 18, 2013 /CNW/ - BASF, 
Ludwigshafen, Germany, and American technology provider Renmatix Inc. of 
Philadelphia, Pennsylvania, 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 (e.g. wood, agricultural-residues or straw) into industrial sugars 
using supercritical water (water at high temperature and pressure). 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 bio-based products. Incorporating biomass feedstocks as a 
first step in the value chain, creates a raw material change that can reduce 
reliance on fossil raw material sources like naphtha as principal feedstock. 
Projects relating to the topic of raw material change make up one important 
technology field in BASF's Research Verbund. BASF experts are engaged in 
identifying interesting processes for utilizing alternative raw materials, 
such as renewables, natural gas, and CO(2). 
"Raw material change will only be possible via process innovations that allow 
the utilization of alternative sources of raw materials," said Dr. Peter 
Schuhmacher, President of BASF's competence center Process Research and 
Chemical Engineering. "It requires processes like Plantrose, which will be 
further developed in a joint effort, that enable the use of non-edible biomass 
as a chemical feedstock and which do not compete with food or feed production. 
The Plantrose process addresses our needs for renewable raw materials. It will 
help us to support our customers in developing solutions that contribute to 
sustainable development." 
"Over the past two years, BASF has made significant investments of time and 
capital to support our efforts at Renmatix," said Mike Hamilton, CEO of 
Renmatix. "At Renmatix we are focused on supporting the emerging biochemical 
market by enabling progressive leaders to scale up Plantrose capacity to 
increase the global chemical industry's access to cost-effective industrial 
sugars." 
About Renmatix 
Renmatix is the leading technology licensor for the conversion of biomass into 
cellulosic sugar, an enabling feedstock for petroleum alternatives used in the 
global biochemical and biofuels markets. The company's proprietary 
Plantrose™ process challenges conventional sugar economics by cheaply 
converting cellulosic biomass – from wood waste to agricultural residue – 
into useful, cost-effective sugars. Renmatix's supercritical hydrolysis 
technology deconstructs non-food biomass an order of magnitude faster than 
other processes and enhances its cost advantage by using no significant 
consumables. Renmatix is privately held, with operations in Georgia currently 
capable of converting three dry tons of cellulosic biomass to Plantro(®) 
sugar per day, and a world-class technical center in Pennsylvania. For more 
information, visit www.renmatix.com. 
About BASF 
BASF is the world's leading chemical company: The Chemical Company. Its 
portfolio ranges from chemicals, plastics, performance products and crop 
protection products to oil and gas. We combine economic success with 
environmental protection and social responsibility. Through science and 
innovation, we enable our customers in nearly every industry to meet the 
current and future needs of society. Our products and solutions contribute to 
conserving resources, ensuring nutrition and improving quality of life. We 
have summed up this contribution in our corporate purpose: We create chemistry 
for a sustainable future. BASF had sales of €72.1 billion in 2012 and more 
than 110,000 employees as of the end of the year. BASF shares are traded on 
the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further 
information on BASF is available on the Internet at www.basf.com. 
Contact: 
                                                                                                           Renmatix 
                                                                                                           Duncan 
Cross 
                                                                                                           Director 
of Marketing
BASF 
                                                                                                           Phone: 
+484 751 4006
Corporate Media Relations 
                                                                                                           
duncan.cross@renmatix.com
Holger Kapp 
                                                                                                           Media 
Relations:
Phone: +49 621 60-41040 
                                                                                                           Caroline 
Venza
holger.kapp@basf.com 
                                                                                                           
MissionCTRL 
                                                                                                           Phone: 
+415 601 9645 
                                                                                                           
caroline@missionCTRLcommunications.com
 

SOURCE  BASF 
http://www.renmatix.com 
http://www.basf.com 
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CO: Renmatix
ST: Pennsylvania
NI: CHM VNT  
-0- Dec/18/2013 12:00 GMT
 
 
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