November 10, 2010

Vertichem in the green chem scene

Sorry for the sparse posts folks, I have been very busy with my day job at ICIS Chemical Business plus attending several conferences including last week's Investor Day by Dow Chemical in Midland, Michigan.

I was able to interview Dow's VP of Sustainability Neil Hawkins and will post that interview soon. I'll also share some updates on Dow's green polyethylene project plans in Brazil, their solar shingle business and bits and pieces of their strategies in the clean tech areas (wind energy and battery storage in particular).

Yesterday, during another investor day meeting this time in New York, lithium compound producer Rockwood Holdings talked about the huge potential market of electric vehicles and energy storage batteries to their business. I'll also post some information about it.

For now, here is an interesting Canadian company that exploded in the green chem news scene last week.

Toronto-based Vertichem (according to their website) plans to harness the power of hardwood chips to produce specialty chemicals based on lignin (biopolymer), xylose (sugar) and cellulose. The company is looking at sawmills and forestry industries as source of feedstock. Vertichem said it holds exclusive US patents in the process of converting woody biomass into specialty green chemicals.

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