Buying Inquiry Abstract Alpha olefins are organic compounds consists of olefins or alkenes.
Many companies are already in place developing at an accelerated pace. Three themes have emerged that define the top companies.
You have to have what is felt to be the low-cost winner with a given feedstock, and that feedstock has to be abundantly available and not compete with established users such as the food industry. Strong government relations are a must. The ties between government and industry are often more complex and fluid in Asia than project developers from North America, Latin America or the EU may be accustomed to.
Mastering that structure and making it a strength, not a weakness, is part of the path towards success. Alternatively, a transformative feedstock partner with abundant supply and a balance sheet.
While there are many companies also working in first generation operations using first-gen feedstocks and technologies, here are the top 10 companies in alpha order working in Asia today on integrated advanced biorefining. Bankchak Petroleum The Thai petrochemical giant has been primarily to date working on cassava-based ethanol, but has lately branched into algae.
Construction of the pilot, which is planned for the Ratchaburi Electricity Generating plant in Ratchaburi province, will commence in late GlycosBio Houston-based Glycos Biotechnologies has been focused on Malaysia almost since the start, and has now secured the partners and locales for its plans to produce bioisoprene and industrial ethanol from crude glycerine.
The facility that will use from crude glycerin from the production of palm methyl ether as feedstock will expand to 30, tons per year by Green Biologics UK-based Green Biologics has been long-focused on scaling up its biobutanol technology in China with several key agreements now in place.
On the corporate front, in January GBL and butylfuel announced a merger. The new company now operates under the Green Biologics name and continues to be headquartered in Abingdon, UK with a strong operational presence and commercial focus in the US contributed by butylfuel.
First, the existing demonstration project with BaoSteel in Shanghai, using waste gases from steel production, with a capacity ofgallons. The first commercial plant is expected to be sited in or near Beijing, also in combination with Bao Steel and using a combination of feedstocks from several steel mills.
The next project is expected to be sited in India using MSW, which will require the use of a biomass gasifier — hence the company has placed that farther down the list so that process improvement can resolve some of the economic challenges of biomass gasification, over the next year.
Fourth project for the company will take it to Soperton, Georgia and its Freedom Pines facility, where it will use woody biomass as a feedstock and, again, utilize a gasifier. Meanwhile the company landed a major Series C investment roundwith new investors including Petronas Technology Ventures Sdn Bhd, the venture arm of Petronas, the national oil company of Malaysia, and Dialog Group, a leading Malaysian integrated specialist technical services provider to the oil, gas and petrochemical industry.
Novozymes, Shengquan Group and Praj The Denmark-based enzyme giant has been hard at work on expanding its presence in Asia — while at the same time Shenquan has been looking at options in advanced biofuels.
Thus emerged a striking partnership. In April, Shengquan Group announced it will start commercial production of cellulosic ethanol for solvents and biochemicals in June utilizing enabling technology from Novozymes. Using Novozymes enzymes, Shengquan will now convert corncob residues from furfural production into fermentable sugars and then into ethanol for solvents and other purposes.
Overall, the Chinese government plans for the country to consume 5 million tons of ethanol between and —known as the 12th five-year plan—which is nearly double that used during the previous five year period.6 Alpha Olefins Market By Type (Page No.
- 43) By Region, – (USD Million) Table 14 Alpha Olefins Market, By Application, – (Kiloton) Table 15 Alpha Olefins Market, By Application, – (USD Million) are expected to the help the growth of the market. Leading alpha olefin manufacturers have opted for the new. /2/12 BP BP Licenses Innovene Technology For Sasol Polymers Polypropylene Expansion.
BP and Sasol Polymers have signed an agreement to license BP's Innovene polypropylene process technology for the expansion of Sasol's polypropylene facilities located in Secunda, Republic of South Africa.
The Alpha Olefin Market was worth USD billion in and is expected to reach approximately USD billion by , while registering itself at a compound annual growth rate (CAGR) of % during the forecast period.
The last 20 years have brought a series of breakthroughs in polyolefins catalysis technology. From Ziegler–Natta catalysis technology, to metallocene technology in the s, to post-metallocene technology today, each new development has increased the producer's freedom in more precisely controlling polymer structure and properties.
YANPET (SABIC March 12, ). YANPET (Saudi Yanbu Petrochemical Company), a joint venture affiliate of the Saudi Basic Industries Corporation (SABIC), recently began commercial production at its newly commissioned complex that includes an , metric tons per year (mt/y) ethylene cracker and three world-scale plants to produce ethylene glycol, polyethylene and polypropylene.
Global alpha olefin market size was estimated million tons in and may register million tons by growing with an estimated CAGR of % from to