Celtic Renewables has achieved a significant milestone with the dispatch of the first tanker of sustainably produced bioacetone and biobutanol from its flagship Biorefinery in Grangemouth. This achievement, backed by over £60 million in funding, marks a major step towards a greener future for the chemicals industry.
The cargo, destined for a processing plant in Chesterfield, is part of a long-term agreement with Caldic, a global chemical distribution company. Caldic will distribute these green chemicals to manufacturers worldwide, including those in the pharmaceutical, personal care, and homecare sectors.
Celtic Renewables' innovative technology converts by-products and waste from industries like food, drink, and agriculture into high-value green chemicals. By utilizing whisky residues, for instance, the company can produce bioacetone and biobutanol, reducing carbon emissions by up to 65% compared to traditional petrochemical-based alternatives.
This breakthrough addresses the growing global demand for sustainable chemicals. As organizations worldwide strive to achieve net-zero targets, the need for green alternatives to traditional petrochemicals has become increasingly urgent.
Mark Simmers, CEO, said: "Our plant is the first of its kind, turning our ideas and aspirations into reality. As the world's first Biorefinery to produce and supply green chemicals at this scale, we are proud to lead the way in the green chemical revolution.
"We are already looking into three to four larger scale Biorefinery opportunities which we are aiming to develop in the next four to five years, with a combined output of 32,000 tonnes per annum. We are seeking to deploy our tech through licensing and partnerships across the globe.
"The chemical industry relies heavily on fossil fuels, but we know the demand for green chemicals is incredibly strong. Our bioacetone and biobutanol can reduce the chemical industry's carbon emissions, and our technology has the potential to dramatically reduce the environmental footprint of everyday consumer products. We now have the tools and commercial capability to displace the chemicals made from gas and oil in the manufacturing process."
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