BP, Virent Inc. and Johnson Matthey joined forces for production of bio-paraxylene

Image by MAKY OREL on Pixabay

BP, Virent Inc. and Johnson Matthey (JM) signed an agreement that will further advance the commercialization of Virent’s Bioforming® process for production of bio-paraxylene (PX), a key raw material for the production of renewable polyester.

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Virent, Tesoro, Toray, Johnson Matthey and The Coca-Cola Company join forces

The Coca-Cola Company pavilion at Expo Milano 2015
The Coca-Cola Company pavilion at Expo Milano 2015

Virent established a strategic Consortium with Tesoro, Toray, Johnson Matthey and The Coca-Cola Company focused on completing the development and scale up of Virent’s BioForming® technology to produce low carbon bio-based fuels and bio-paraxylene (a key raw material for the production of 100% bio-polyester). The Consortium members will work together to finalize technical developments and commercial arrangements, with the objective of delivering a commercial facility to produce cost effective, bio-based fuels and bio-paraxylene.

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