Biotechnology Grows Big
Georg Grossmann, VP Process Development of BASF, gave the Hoogewerff lecture at NPS14 about the challenges for developing large scale biotechnology processes. BASF has many biotechnology processes in the innovation funnel. Their biotechnology process developments include the use of bacteria, yeasts, fungi and algae. The products from these biotechnology processes are: complex molecules such as enzymes and biopolymers, natural chemicals, such as vitamins and bulk chemicals among which, succinic acid, ethylene glycol, PDO, BDO, and acrylic acid. By 2020 they plan to have 30 billion €/y additional turnover from these novel processes.
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