Bio-based Intermediate Chemicals
Intermediate chemicals derived from bio-based feedstocks via biological or chemical conversions.
LUX TAKE:
Although bio-based intermediates have a lower carbon footprint and the potential for increased feedstock diversification, there are several variables to consider before pursuing these chemicals. One of the most significant factors limiting the competitiveness of these solutions is the cost of petroleum-based incumbents. With worldwide oil prices projected to remain low in the short-to-mid term, ...
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