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EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market

Green Car Congress

Genomatica has been producing BDO at pilot scale in 3,000 liter fermentations since the first half of 2010, and is moving to production at demonstration scale in 2011. Genomatica expects Bio-BDO to be competitive at oil prices of $45 per barrel or at natural gas prices of $3.50 billion pound, $3-billion worldwide market.

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Frost & Sullivan: market for lightweight materials in automobiles to reach $95.34B in 2017

Green Car Congress

2010 global automotive materials market by revenue (top) and volume (bottom). As an example, the end-of-life directive in Europe compels automakers to minimize the waste created when a vehicle reaches the end of its useful life. High-performance Polymers (PA11, PA12, PA46, PPA, PPS, PEEK). Source: Frost & Sullivan.

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