One Bowdoin Square, Suite 300
Boston, MA 02114
Research & Development Lab
1999 Lake Avenue
Rochester, NY 14650
J. Grande communications Inc.
Novomer’s carbon monoxide technology will be significantly lower cost than the competing processes used today to make acrylic acid, butanediol, and succinic acid. The cost advantage can be attributed to the following:
- The price of ethylene oxide – one of Novomer’s raw materials – is expected to remain very low because of abundant ethane supplies in many parts of the world. In addition, the cost of EO from ethanol has been shown in several commercial facilities to be cost competitive.
- Novomer's catalyst is 99.9% selective and does not form any byproducts
- Target molecules are composed of 40-60% carbon monoxide which is a relatively low cost feedstock