The purchase includes a wide range of patent families and proprietary yeast strains, which have been demonstrated, at scale, in licensees’ production facilities.
“This addition to our growing sustainable chemicals portfolio will allow Technip Energies to license a solution for the production of a bio-sourced and biodegradable polymer, which has a 50% lower carbon footprint compared to fossil-based routes,” Bhaskar Patel, SVP Sustainable Fuels, Chemicals and Circularity of Technip Energies, says in a press statement. “Superior product properties, combined with best-in-class sustainability performance, are key attributes in today’s consumer market. We shall leverage the whole PBS value chain, where we already license the technology for the polymerization of the bio-sourced monomers into PBS.”