GLICYDOL is a new process for the production of glycidol that solves current market problems with innovative features:
- It only consists of two stages.
- Intermediates lack this toxicity/hazard.
- The raw material is renewable.
- The profitability of the plant is reached at product prices of €3.5/kg.
PROBLEM/OPPORTUNITY
Today, there are two processes for industrial production of glycidol, with several associated disadvantages: the process consists of several stages, through different intermediates with high toxicity and/or hazards, the original raw material is non-renewable and consequently has a high price (€12-18/kg).
Potential Market
- 20,000 T/year; €300M/year
- Uses: pharmaceuticals, adhesives, urethanes, coatings, polymers…
- Localised Manufacturing: JPN, CHI, USA and GE, without concurrency in Bio process
- Production plant CAPEX < €1.0M
- At low cost it could enter the polyol market (€40B/year)
We offer
- TRL 4
- Technology protected by the patent families derived from WO2017017307
- Expert technical team, with extensive experience in the design and scaling up chemical processes
- Early market testing
- Sector hyperconnectivity