March 11, 2011

Green Chemistry Panel overview

"Green is now embedded in the DNA of every chemical industry's research and development activities"
This is what industry analyst Chris Cerimele of Houlihan Lokey noted during the Question and Answer session at the Green Chemistry panel I co-moderated in New York last week.

The panel discussion and webcast hosted by the American Chemical Society's Chemical and Marketing Economics (CM&E) group - NY chapter - was well attended with over 60 audience in total (including in the webcast), according to co-moderator Neil Burns of Neil A. Burns LLC, who also helped organized the event.

Here are some of the interesting points that took my attention during the discussion:
  • Bill Barclay, the co-founder of Martek BioSciences (now part of DSM) noted that investors are too impatient when it comes to the development of algae-based biofuel. According to Barclay, there are still some major technical issues needed to be resolved for algae biofuels which could take years and he is worried that there are people/companies that are promising short term returns.

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