Global Bioenergies was founded in 2008 with a unique goal – to develop a process converting renewable resources (sugar, crops, agricultural and forestry waste) into isobutene, one of the main petroleum derivatives.
Conversion of renewable resources into hydrocarbons through fermentation
Why use this process?
Because isobutene, one of the major building blocks of the petrochemicals industry, represents a market worth $25 billion and may one day address an additional market worth $400 billion.
In what respect was this a scientific challenge?
Because micro-organisms do not naturally produce isobutene. And it’s easy to understand why.
Global Bioenergies in the news
Evry (France) and Dubai (United Arab Emirates), 18 May, 2017 – Global Bioenergies (Alternext...
Global Bioenergies, Clariant and INEOS receive major EU funding to demonstrate the production of isobutene derivatives from straw
European financing package amounting to €9.8 million, of which €4.4 million for...
Evry (France) and Leuna (Germany), 24 April 2017 – Global Bioenergies today announces that...
Net loss for the Group of €10.6 million in 2016 (vs €10.4m in 2015) Cash position of €7.4...
Development in four stages
Proof of concept
To begin with, Global Bioenergies successfully set up a laboratory-scale prototype to provide proof of concept for its technology.
Secondly, after its IPO on the Alternext market, the Company refined its process on a laboratory scale.
Stage 3, which began when €23 million in funds were raised in mid-2013, was devoted to industrialization.
The fourth stage – launching the technology in the marketplace – is only just beginning. The plan to set up the first full-scale plant in France is already starting to come together.