bm4tech
Commercialising Bio-based Materials
Recent years have seen
increasing interest in chemical products derived from renewable raw
materials. As a result, the established producers of bio-based
chemicals have been joined by a range of new players. These
include agricultural producers, petrochemical companies and
spinouts from academic institutions, all looking to develop
opportunities ranging from very high volume biofuels down to low
volume fine chemicals.
Using renewable raw materials reduces dependence on fossil
carbon, but it also presents new challenges. These include seasonal
availability, raw material variability, co-product balancing,
pesticide residues, and many others. Overcoming these issues to
make products which will meet the expectations of the tightly
regulated and quality-conscious downstream industry may be costly
or impossible. Consequently, if you are a new entrant in this area
you face a range of risks which may be unfamiliar and hard to
evaluate.
bm4tech have extensive practical experience in developing and
commercialising bio-based chemical products and can offer
support and a structured process for evaluation of new
opportunities, in order to ensure that business risks are
identified and addressed at an early stage in the product
development cycle.