Polyethylene expected replace bioplastics | Industrial biotechnology key technologies of21st century | New BioChemicals Production Plant in Germany

ThyssenKrupp opens facility for bio-based chemicals in Germany

4:47 AM, 11th July 2013
ThyssenKrupp Industry Investment News

ESSEN, GERMANY: ThyssenKrupp inaugurates Europe’s first multi-purpose fermentation plant for the continuous production of bio-based chemicals in Leuna, Saxony-Anhalt, Saxony-Anhalt, Germany. Built at a cost of around €20 million, the facility will enable ThyssenKrupp to further expand its research and development activities in the area of biochemicals based on renewable raw materials. About 4.5 million tonne of polyethylene (PET) a year is expected to replace bioplastics in the coming years, helping reduce environmental impact and conserve resources.

“Modern biotechnology is one of the key technologies of the 21st century. Biotechnological processes, products and services play a role in almost all areas of our daily lives - for example in the development of new medicines, plant varieties, detergents and cosmetics. Industrial biotechnology is part of our growth strategy. ThyssenKrupp has extensive expertise in this area - from basic research to the operation of industrial-scale pilot plants,” said Dr Heinrich Hiesinger, CEO, ThyssenKrupp.

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