The 6th Annual Next Generation Biobased and Sustainable Chemicals Summit took place this week in New Orleans, Louisiana. The Summit was co-located with the InformEx Fine and Specialty Chemical Conference, which provided expanded programming and exposure to a larger audience. Senior executives from Verdezyne, Elevance Renewable Sciences, Lanzatech, Succinity, Novasep, Corbion Purac and more joined with researchers, financiers, and feedstock providers to discuss current developments and challenges and map out a clear path for commercialization.
Bergeson & Campbell, P.C.'s (B&C®) Senior Policy Advisor Richard E. Engler, Ph.D., led a lively discussion on the viability and commercial advantages/disadvantages of a variety of renewable feedstocks with Clement Choy, Ph.D., Senior Director, Product Innovation and Advanced Technology of consumer goods brand Seventh Generation; Stafano Facco, New Business Development Director at European bioplastics company Novamont SpA; Stacy Jordahl, Vice President, Bio Refining and Emerging Technologies, for MeadWestVaco's Specialty Chemicals Division; Ray Miller, Chief Business Officer for Verdezyne, a company making biochemicals via proprietary fermentation technology; and John Shaw, CEO of Itaconix Corp., which makes specialty chemicals from itaconic acid produced from biobased feedstocks via fermentation.
The speakers provided candid feedback on the impact of reduced oil prices and the volatility of that market on their particular product lines. They also provided unique insight in value chain interactions and customer needs related to biobased products.
Kathleen M. Roberts, Executive Director of the Biobased and Renewable Products Advocacy Group (BRAG®) and program advisor for the Summit, reported that the program allowed for robust dialogue among varied biobased industry stakeholders, thus facilitating participants' further understanding of the challenges faced by the diverse groups represented at the Summit, and their interest in expanding the biobased market.
Engler and Roberts will both be speaking at next month's ABLC 2015 in Washington, D.C., a gathering of over 400 of the leaders in the advanced bioeconomy -- biofuels, biochemicals, policy, finance, and government -- organized and presented by Biofuels Digest. Register for this important conference online.