One Bowdoin Square, Suite 300
Boston, MA 02114
Research & Development Lab
1999 Lake Avenue
Rochester, NY 14650
J. Grande communications Inc.
CO Business Overview
Novomer's carbon monoxide based chemicals represent a market potential in excess of $20 billion dollars.
Novomer is commercializing a homogeneous catalyst system, which combines carbon monoxide, an inexpensive and sustainable feedstock, with ethylene oxide to create a versatile chemical intermediate called beta-propiolactone. This chemical intermediate can be readily converted to wide used chemicals like acrylic acid, acrylate esters, succinic anhydride and 1,4-butanediol. Applications for these chemicals include diapers, paints, coatings, high performance plastics, and textiles with a market potential in excess of $20 billion.
The Novomer process can also produce polypropiolactone, a biodegradable polymer that has the potential to replace many of today’s common thermoplastic and packaging materials. Novomer’s process has been demonstrated to have a 20-50% lower cost and is more environmentally friendly than today’s technologies used to make the same chemicals.
The Novomer CO Platform Enables Access to C3 and C4 Markets Using an Ethylene Based Feedstock
The Novomer process is feedstock agnostic, i.e. the beta-propiolactone can be produced from either petroleum or bio-based feed stocks. The Novomer route to bio-based chemicals avoids many of the challenges of a fermentation-based approach by:
- Leveraging the use of ethanol and syngas (bio-derived) as feedstock technologies
- Using traditional chemical industry infrastructure for the production process, eliminating the need for further fermentation steps
The low production cost can be attributed to the high selectivity of the catalyst, the lower capital cost for commercial plants, low to moderate operating conditions, use of CO as a raw material, and abundant supply of ethane in many parts of the world to make cheap EO. The carbon and energy footprints using Novomer’s catalyst will also be lower when the CO is sourced from a waste stream of another process, biomass via gasification, or another renewable starting material.