December 2, 2011
But with everybody talking about sugar in the renewable chemicals sector, the blog might as well get to know Pennsylvania, US-based cellulosic sugar producer Renmatix a little bit better. According to their website, the 3-year old start-up company, stealthily funded by Kleiner Perkins, was formerly called Sriya Innovations and its current name is now derived from RENewable MATerials to show its commitment to this industry.
Renmatix claimed itself to be the current lowest-cost producer of cellulosic sugar. In September, the company unveiled its technology platform Plantrose process that uses supercritical hydrolysis, which Renmatix claimed can produce cheaper sugars than ever before from non food-derived feedstock (specifically woody biomass) for use in biofuel and chemical applications.