A growing number of Bio-based Chemicals are already in commercial production with several additional products expected to reach commercialisation in the next few years. With advances in conversion methodologies and developments in achieving economies of scale, new building blocks and platform chemicals of bio-based origin are being developed and starting to compete effectively with their petrochemical equivalents.
An increasing range and number of multinational businesses are incorporating Bio-based materials into their product lines, further strengthening the market for this burgeoning industry. With this demonstrable confidence and support from industry, capital is flowing into the sector and governments are further incentivising Bio-based Chemical development.
As a new value chain for bio-based products begins to strengthen and develop, the 4th International Bio-based Chemicals conference, held in conjunction with the 7th Annual World Biofuels Markets Congress, will bring together the full spectrum of stakeholders.