July 21, 2010

Update: OPX Biotechnologies

I apologize for the late posts coming from my BIO interviews. The blog still has 6 more to go...

This one is an update from Colorado-based OPX Biotechnologies concerning their bio-acrylic acid project as well as their recent $6m grant from the US Department of Energy (DOE) in converting carbon dioxide and hydrogen to biodiesel (pretty cool!) -- both of which utilize the company's EDGE™ (Efficiency Directed Genome Engineering) technology.

Talking to Chas Eggert, OPXBIO's president and CEO,the company is said to be well on its way in its bio-acrylic production goal after reducing their bioacrylic production cost by 92% now toward the commercial target of 50c./lb.

FYI, the market for acrylic acid has been very tight this year and ICIS estimated June contract price for glacial acrylic acid at around $1.16/lb compared to last year's 60c./lb!

More on this post...
Post a Comment