Verdezyne Innovations for the Coming Decade. E. William Radany, PhD President and CEO
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1 Verdezyne Innovations for the Coming Decade E. William Radany, PhD President and CEO BioMalaysia ASEAN Bioeconomy 2015 August 18, 2015
2 Fermentation-based Technology Platform Feedstock Strategy Proprietary Technology Chemical Intermediates End-Products Bio-Sebacic Acid Vegetable oils Soapstocks and distillates Other oil co-products (i.e. PKO, PFAD) Using fatty acids from any source to produce chemicals Organisms engineered for yield and selectivity Fermentation-based production Highest quality products Robust yeast platform using industrial fermentation methods Diacids used in fibers, polymers and coatings Other organic acids Acrylic intermediates Total $70B+ Market Nylon and polyesters Fibers Polyurethanes Engineered plastics Lubricants Coatings & adhesives Corrosion inhibitors Transparent thermoplastics Total $1.5T+ Market Engineering Organisms & Processes for Cost-effective Renewable Chemicals
3 Verdezyne Journey Nov Verdezyne pilot plant commissioning 2010 Proof of concept for adipic acid and DDDA from renewable feedstocks Nov Verdezyne founded. Research programs initiated in cellulosic ethanol and renewable adipic acid June 2012 World s first 50% bio-based Nylon 6,6 fiber produced with Verdezyne adipic acid 2012 Pilot-scale production of adipic acid and DDDA from renewable feedstocks Nov Bio-XCell selected for the location of Verdezyne s first commercial facility Sep BioNexus Status Dec Cellulosic ethanol technology sold to DuPont Industrial Biosciences June 2015 BIOLON TM DDDA earns the USDA Certified Biobased Product Label Distribution agreement for over 25% of plant capacity signed with Will & Co May 2015 Scale-up of DDDA process to 25,000L produces multiple tons 2015 Ground-breaking
4 Integrated Biorefinery of Verdezyne s Future Integrated facilities Less waste Energy efficient Maximize value creation Crude Vegetable Oil Refinery Chemical Conversion, Fractionation Biological Conversion Refined Vegetable Oil Oleochemicals Fatty acids Fatty alcohols Biodiesel Specialty chemicals Chemical intermediates
5 Feedstock Flexible Processes Tested feedstocks Source Canola Soybean Jatropha Palm Corn Coconut Tallow Peanut Biodiesel Tall Oil Petroleum Waste water Oleic Acid Canola Acidulated Soap Stock Canola Soap stock VOP Residue Residue-P003 Soap Stock Acidulated Soap Stock Mixed Fatty Acid Soy Fatty Acid Corn Oil Soy Methyl Ester Canola Methyl Ester Tallow Yellow Grease Jatropha Oil Acidulated Soy Soap Stock Peanut Oil Distillate Trap Oil Brown Grease Fatty Acid Methyl Ester PKO C16/C18 Fatty Acid Methyl Ester Methylated PFAD Ethylated PFAD Propylated PFAD Crude Palm Oil Sludge Condensate Oil Esterified residue P Esterified residue E Ethyl stearate Tall Oil Fatty Acid Methyl Laurate Ethyl Laurate Lauric Acid Methyl Myristate Decane Dodecane Tridecane Tetradecane Ethyl Decanoate Methyl Decanoate Waste Sludge Oil Corn Oil Bleaching Clay Oil CNO Decanoic acid Sludge palm oil Linoleic acid Fatty acid residue A Methyl Pentadecanoate PKOFAD Multiple conversion technologies Pilot scale production DDDA Adipic acid Sebacic acid C18 diacid C8 diacid
6 Providing Markets with Bio-based Alternatives Bio-Adipic acid Thermoplastic Polyurethane Plasticizers Paints/Coatings Foams Elastic Parts Adhesives Resins Industrial commercial carpet paints coatings adhesives Automotive Seats and dashboards Tire cord lubricants belts and hoses Bio-Sebacic acid Bio-Dodecanedioic acid Polyamide N6,6, N6,10 N6,12, Others Fibers Resins Parts Films Home carpets upholstery furniture Biodegradable Plastics Films Ag Covering Packaging Recreation footwear apparel camping gear Polyester Polyol Spray Coatings Thermo-Set Articles Personal packaging cosmetics fragrance flavorings
7 Thank You! Verdezyne, Inc Loker Avenue West Carlsbad, CA
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