virent’s biobased aromatics combining chemical and ......virent at a glance the global leader in...

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© Virent 2013 Virent’s biobased aromatics & Combining chemical and biological pathways BIO World Congress, Montreal June 18 th 2013

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  • © Virent 2013

    Virent’s biobased aromatics & Combining chemical and biological pathways

    BIO World Congress,

    Montreal

    June 18th 2013

    http://www.bio.org/

  • Virent at a glance The global leader in catalytic biorefinery research, development, and commercialization

    Employees

    Technology Infrastructure

    120 Employees

    25x Development Pilot Plants 2x Larger Demo Plants

    Partners & Investors

    Converting plant-based feedstocks to fuels and chemicals

    © Virent 2013 2

  • Virent’s BioForming® Technology

    Fast and Robust

    Inorganic Catalysts

    Moderate Conditions

    Industry Proven Scalability

    Energy Efficient

    Exothermic

    Low Energy Separation

    Low Carbon Footprint

    Premium Drop-in Products

    Tunable Platform

    Infrastructure Compatible

    Fuels and Chemicals

    Feedstock Flexible

    Conventional Sugars

    Non-Food Sugars

    Leading catalytic route to renewable hydrocarbon fuels and chemicals.

    “Eagle” Virent’s Biogasoline Demonstration Plant- Madison, WI

    © Virent 2013 3

    63 Issued/Allowed Patents

    160+ Pending Patent Applications

  • 100% Bio-based Paraxylene

    © Virent 2013 4

  • © Virent 2013 - Confidential 5

  • Bio-PET supply chain

    6

    Crude Oil

    Reformate

    BTX PX PTA

    PET

    Naphtha

    Biomass Reformate BTX PX

    Virent BioFormPX

    © Virent 2013

    1 2 3

    Natural

    Gas

    NGL

    Pygas

    Ethane

    Cra

    cker

    R

    efo

    rmer

    Ethylene Ethylene

    oxide

    Ethylene

    glycol

    Biomass Ethanol Ethylene Ethylene

    oxide

    Ethylene

    glycol

  • Why are customers interested?

    © Virent 2013 7

    Diversifying supply & tackling volatility Consumer interest and demands

    New PTA capacity not matched by PX

    (yet)

    Supply as co-product diminishing

  • BioForming® & aromatics separation

    APR /

    Hydrodeoxygenation Catalytic Conversion

    to Hydrocarbons

    Reactive

    Intermediates BioFormPX™

    &

    other aromatic

    chemicals

    Aromatic-Rich

    BioFormate®

    Aromatics

    Complex

    Converting Multiple Feedstocks to High Value Hydrocarbons

    8 © Virent 2013

    Biomass

    Sugar

    Cane

    Corn

    H2

    BioForming® Process Catalytic de-oxygenation of soluble carbohydrates

    Proprietary novel APR/HDO catalyst & Virent-

    modified acid condensation catalyst

    Virent has proven technical feasibility of using

    cellulosic materials as feedstock

    Aromatics Processing BioFormate® products can be utilized as a fuel or

    processed in existing aromatics infrastructure

    Optimized integration with aromatics isomerization,

    separation and purification possible

  • APR/HDO Reaction Pathways to Reactive Intermediates

    H2O

    + H2O

    + 2H2 + CO2

    H2

    Reforming

    Hydrodeoxygenation

    APR/HDO Reactants APR Products

    Combined Reforming and

    Hydrodeoxygenation

    CO2 + H2

    H2O

    © Virent 2013 9

    APR/HDO Fractionation Catalytic

    Conversion Aromatic Chemicals

    C5 & C6 Sugars

    Hydrolysates

  • H2O +

    0.5 + 0.5

    0.5 + CO2 H2O +

    OlefinPool

    Aromatics and Paraffins

    Dehydration

    Dehydration

    Aldol Condensation/Eneone Cracking

    Ketonization

    HydrideTransfer

    HydrideTransfer

    HydrideTransfer

    Isopropyl Alcohol

    Acetone

    AcetoneAceticAcid

    AceticAcid Isobutene

    Propylene

    Ethylene

    EthanolAcetaldehyde

    H*

    H*

    H*Reducing

    Equivalents

    H*

    Production of Hydrocarbons from Reactive Intermediates

    APR/HDO Fractionation Catalytic

    Conversion Aromatic Chemicals

    C5 & C6 Sugars

    Hydrolysates

    © Virent 2013 10

  • Hybrid possibilities

    Fermentation Catalytic Conversion

    to Hydrocarbons

    Reactive

    Intermediates BioFormPX™

    &

    other aromatic

    chemicals

    Aromatic-Rich

    BioFormate®

    Aromatics

    Complex

    Combining fermentation with chemical catalytic conversion

    11 © Virent 2013

    Biomass

    Sugar

    Cane

    Corn

    Fermentation Can serve as conversion and

    purification/separation

    Pure product stream not necessary

    Catalytic conversion Quality of intermediate needed from fermentation

    may be less demanding than pure product

    Bi-lateral optimization potential

    Biological + Chemical

  • Chemical and biological catalysts

    © Virent 2013 - Confidential 12

    Selectivity

    Activity

    Low High

    Hig

    h

    Lo

    w

    Enzymatic

    Chemical

  • Other strengths/weaknesses

    © Virent 2013 - Confidential 13

    Tolerance to feedstock quality C5 sugars

    Organic acids

    Ash

    Protein

    Tolerance to products

    Separation

    Robustness

    Registration/Regulation

  • Summary

    Leading technology for (chemical) catalytic conversion of

    plant matter to direct replacement hydrocarbons

    Initial target is PX for production of biobased PTA and PET

    Strong strategic partnerships (e.g. The Coca-Cola

    Company, Royal Dutch Shell, Cargill, Honda)

    Fermentation and chemical conversion can be linked to

    take advantage or unique properties of each type

    Opportunity to optimize each reaction type for integration

    instead of cobbling together “pure product” routes

    © Virent 2013 14

  • Kieran Furlong, Director of Business Development, Chemicals

    [email protected]

    Thank you.

    © Virent 2013