Global Bioenergies and Synthos Enter a Strategic Partnership on Biological Butadiene, a $30bn Market

Synthos S.A. , a European leader in the manufacturing of rubber, and Global Bioenergies S.A. , an industrial biology company developing sustainable routes to light olefins, announced the signing of a partnership agreement to develop a new process for the conversion of renewable resources into butadiene. Butadiene, one of the major building blocks of the petrochemical industry, is presently exclusively produced from oil. About 10mT are produced each year, of which two thirds are used to manufacture synthetic rubber. The last third is used to produce nylon, latices, ABS plastics and other polymers.

Source: ANP Pers Support, 19 July 2011

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