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.
The bioeconomy is a great protagonist in Milan, at Expo 2015, a world-class exhibition celebrating sustainable innovation. The breakthrough bottles use BioFormPX® produced at Virent’s Madison, Wisconsin demonstration plant, are showcased as part of The Coca-Cola Company’s pavilion. BioFormPX paraxylene was used in the world’s first demonstration scale production of a PET plastic bottle made entirely from plant-based materials.