09-11 May, 2016 - Bangkok, THAILAND
Sofitel Bangkok Sukhumvit
Sofitel Bangkok Sukhumvit
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In a largely consumer driven industry, cosmetic companies are trying to use natural ingredients in their products, to meet an increasing demand for more organically produced cosmetics. As a result, suppliers are responding to the need for raw materials to create natural cosmetics.
Ardra Bio is a bio-based chemical company in USA that focuses on creating petroleum-free chemicals by using artificial pathways and metabolic engineering. Their specialisation is in petroleum-free, natural bio-chemicals for the beauty market. The first product they are working on - in collaboration with Lawrence Berkley National Laboratory – is a substance called butylene glycol, which is usually produced almost exclusively from petroleum based products.
The company is developing a natural alternative using traditional fermentation, by swapping the petroleum with sugar. The alternative Butylene glycol can be used as a humectant (moisture-adding element) or a solvent for fragrances and they hope to have a product in the market in approximately 12 to 18 months.
Market research firm Kline observed that natural positioning is gaining importance with consumers, manufacturers and retailers, and projected this segment’s growth at a Compound Annual Growth Rate (CAGR) of just under 10% through 2019.
Dr Pratish Gawand – one of the company’s founders – also confirmed an increasing consumer demand for natural products and identified their three main target markets as India, USA and Canada, with Europe and China as possible future markets.
Looking forward, Gawand believes that venture capital is the key to potential growth in the bio-manufacturing industry in Asia, noting that Malaysia and Singapore are key hubs for the sector.
5th Biobased World (incorporating Biobased Chem Asia and Bioplastics Market) in Bangkok on 9-11 May, 2016, will discuss more about the biobased chemicals market in Asia.
Contact Ms. Grace at grace@cmtp.com.sg or call +65 6346 9147 for more information.
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29 Apr, 2016
Connell Bros. Co. (CBC) – Asia Pacific’s largest marketer and distributor of specialty chemicals – has signed an agreement with Verdezyne to sell and distribute its BIOLON(TM) DDDA (biobased dodecanedioic acid or “DC12”) in the region.
Verdezyne, Inc., a synthetic biology company producing biobased chemicals, will produce BIOLON(TM) DDDA at its commercial-scale plant in Malaysia.
CBC will distribute the product to 17 countries across Asia-Pacific that includes key markets in China, Japan and South Korea.
BIOLON(TM) DDDA is a more sustainable option compared to traditional petroleum-derived intermediate chemicals. The biobased chemical is used in a wide range of end-user products such as toothbrush bristles, cosmetics and fragrances. Asia Pacific is expected to have a strong demand for BIOLON(TM) DDDA, thus commissioning of the plant is timely.
Verdezyne’s plant in Malaysia is scheduled to be completed in 2017. Once operational, it can produce up to 9,000 metric tons of diacids including BIOLON(TM) DDDA annually. It is the world’s first bio-based plant for the production of DDDA.
5th Biobased World (incorporating Biobased Chem Asia and Bioplastics Market) in Bangkok on 9-11 May, 2016, will discuss more about the biobased chemicals market in Asia.
Contact Ms. Grace at grace@cmtp.com.sg or call +65 6346 9147 for more information.
04 Apr, 2016
Thailand’s PTT Global Chemical (PTTGC) is planning a $143 million JV to build a bioplastic industrial estate – the first of its kind in Thailand. PTTGC plans to tie up with one of the country’s leading sugar producers for this 50:50 joint venture.
The industrial estate will be a one-stop centre for growing sugarcane, producing sugar, making ethanol, generating electricity from biomass-based power plants and setting up a bioplastic manufacturing plant. PTTGC is keen on establishing the industrial estate in the central region, that will be convenient for farmers to grow sugarcane in abundance.
Once the JV is finalized, it’s estimated that it will take about 30 months to complete the construction and commence operations.
With this dedicated bioplastic estate, PTTGC is hopeful that they can attract NatureWorks – world’s largest biopolymer producer to choose to set up its $200-million worth polylactic-acid manufacturing plant in Thailand. NatureWorks has revealed plans to set up a PLA plant in Asia and is mulling over Thailand and Malaysia as a preferred location.
With Asia’s demand for bioplastics, Thailand is trying to pose itself as a bioplastics hub and this industrial estate is a step in that direction.
More on Asia’s bioplastics market investments will be discussed at 5th Biobased Chem World (incorporating Biobased Chem Asia and Bioplastics Market) in Bangkok on 9-11 May, 2016.
Contact Ms. Grace at grace@cmtp.com.sg or call +65 6346 9147 for more information.
18 Mar, 2016
