1 October 2014 | Reims, France - As fossil-fuel price and availability is ever more uncertain, chemicals producers are pushed towards alternative solutions to ensure a continued product supply.
1 October 2014 | Reims, France - As fossil-fuel price and availability is ever more uncertain, chemicals producers are pushed towards alternative solutions to ensure a continued product supply.
The estimated EU market for chemical building blocks in 2030 could be between 4.8 and 10.4 BEUR according to the BIO-TIC project. As fossil-fuel price and availability is ever more uncertain, chemicals producers are pushed towards alternative solutions in order to ensure a continued product supply. In addition, while shale gas could provide an outlet for a series of chemicals, aromatics and C3/C4 chemicals would need to be biomass derived. However, competitiveness in the bulk chemical market is difficult for Europe since feedstock availability and cost remain crucial hurdles.
To discuss these and other matters, join the BIO-TIC chemical building blocks workshop on 1st October 2014 in Reims!
Register here
BIO-TIC is an FP7 funded project aiming to identify the hurdles to industrial biotechnology (IB) and develop solutions to overcome them in order to unlock the potential of this key enabling technology (KET) in Europe. The project more specifically focuses on five product categories which have been identified to have significant potential for enhancing European economic competitiveness and introducing cross-cutting technology ideas. The final BIO-TIC blueprint document will encompass market, R&D and non-technological aspects of IB and will feed into the EU research and innovation agenda. Do not miss out on the chance to have your say!