LG Chem and Gevo to develop biobased propylene
Type of post: NEWS IN BRIEF.
Gevo and LG Chem have entered into a joint development agreement to develop bio-propylene for renewable chemicals using Gevo’s Ethanol-to-Olefins (ETO) technology.
Press release: "GEVO ENTERS JOINT DEVELOPMENT AGREEMENT WITH LG CHEM TO DEVELOP BIO-PROPYLENE", 12/04/2023.
Gevo’s proprietary ETO technology can target carbon neutral or carbon negative drop-in replacements for traditional petroleum-based building blocks called olefins, including bio-propylene, that can be used for renewable chemicals or fuels including sustainable aviation fuel. These plant-based, renewable olefins would be derived from atmospheric CO2 captured through photosynthesis and are expected to deliver the same performance in final products on the market today. Under the terms of the Agreement, Gevo will provide the core enabling technology it has developed for renewable olefins to be produced from low-carbon ethanol and together the parties will collaborate to accelerate the pilot research, technical scale-up, and commercialization of bio-propylene.