BioBased & Sustainable Chemicals Summit
The 6th Annual Next Generation Bio-Based & Sustainable Chemicals Summit debuts in New Orleans, LA, and will provide attendees with unparalleled networking opportunities and access to the InformEx trade show and attendees. The two events will come together for networking breaks, luncheons, and a reception in order to accelerate interactions between Bio-Based, Specialty, Sustainable and Custom Chemical industry executives with Brand Owners, Chemical Majors, Feedstock Providers, Financiers, Venture Capitalists, OEMs and Retailers from around the world. North America is projected to emerge as the global leader of the rapidly growing bio-based & sustainable chemicals industry. Consumer demands for greener products are driving retailers, brand owners, and government policy makers to replace petrochemicals and chemicals of concern with safer, bio alternatives. Bio-based chemicals can be the answer for a number of corporate sustainability goals, including answering consumer demands, staying ahead of the regulatory curve and reducing carbon footprints, as cradle-to-gate analyses show they have lower GHG emissions than their petrochemical counterparts and in some cases result in the removal or storage of GHG. Bio-based chemicals are also receiving an unexpected boost from the shale gas boom, opening the door for drop-in bio-based C3-C5 chemicals.
The next generation of bio-based companies must learn what is needed to compete, understand its role in the larger sustainability picture and address the challenges associated with moving beyond niche markets. With a number of joint ventures in the space recently between technology companies and chemicals majors, partnering strategies may be the key to commercialization.