Novozymes, BASF, Cargill join for bio-based acrylic acid production
BASF, Cargill and Novozymes have collaborated to produce acrylic acid from renewable raw materials as part of a green initiative.
Acrylic acid is currently manufactured by the oxidation of propylene, which is derived by refining crude oil.
As part of the green initiative, the three companies will develop bio-based technologies to produce acrylic acid from renewable feedstocks, according to Business Line.
Denmark-based Novozymes and US-based Cargill have already been in collaboration for renewable acrylic acid and have worked to develop micro-organisms that can convert renewable feedstock into '3-hydroxypropionic acid, or 3-HP, which is a precursor to acrylic acid.
German-based BASF is initially planning to use the bio-based acrylic acid to produce super-absorbent polymers.
Acrylic acid, which is used to manufacture super-absorbent polymers that can soak up large amounts of liquid, has an annual global market volume of around 4.5mt and reached a value of $11bn by the end of 2011.