BASF and Genomatica Expand License Agreement for Production of Renewable BDO
BASF and Genomatica have expanded the scope of their license agreement for the production of 1,4-butanediol based on renewable feedstock (renewable BDO) using Genomatica’s patented process. The parties added certain countries in Southeast Asia to their initial agreement, which focused on North America. The license agreement allows BASF to build a world-scale production facility that will use the Genomatica process to manufacture renewable BDO. BASF has secured rights to allow production of up to 75,000 tons per year. Under the terms of the agreement, Genomatica will continue to advance its patented GENO BDO™ process technology for the production of renewable BDO. The process, which includes a single-step fermentation, can be based on dextrose or sucrose as renewable feedstock. It was agreed not to disclose financial details of the license contract. BASF has produced commercial volumes of renewable BDO, offering it to customers for testing and commercial use. The quality of this BDO