CORBION: DEVELOPING A BIOBASED PORTFOLIO

Transcription

1 CORBION: DEVELOPING A BIOBASED PORTFOLIO Hans van der Pol, Ph.D. Strategic Marketing Director New Business Ventures Bio 2014 Philadelphia May 12 15, 2014

2 Corbion Purac profile o Corbion: A Dutch multinational formed by former Purac and Caravan Ingredients Headquartered in Diemen, The Netherlands Listed at Amsterdam Stock Exchange (Corbion) 2013 turnover 744 million 1900 employees, 200 in R&D o Focus on: Natural food preservation Biobased building blocks & chemicals Monomers for bioplastics o 80 years of experience in the development, production and marketing of natural and biobased chemicals o Global sales network & manufacturing footprint Designed by Science, Powered by Nature and delivered through dedication 2

3 Corbion Purac Solutions address Megatrends Population growth Food security Resource scarcity Corbion FOOD ingredients provide safe and healthy food for a growing population, while preventing food waste BIOCHEMICALS provide solutions based on renewable materials and resource efficient processes Source of graphics: KPMG 2012, Expect the Unexpected 3

4 Corbion Portfolio Development: from Promise to Delivery Lactic acid and lactates 2010 > 80 years experience 2014 Manufacturing: o Globally L and D Lactide o Thailand (75 kton) Partnership with: Succinic acid Partnership with: o Spain (Montmeló) FDCA Propionates Acquisition Building on Corbion Purac core capabilities Fermentation and down stream processing Salt free production of organic acids Purac global production sites & network 4

5 Corbion Technology Synergies C5 C6 sugars upstream non food feedstock 80 years downstream salt free Adapted DSP Detoxification C 5 fermentation C 6 fermentation bio based building blocks D ( ) Succinic acid FDCA 5 5

6 1. Lactides and PLA C5 C6 sugars upstream non food feedstock 80 years downstream salt free Adapted DSP bio based building blocks D ( ) Succinic acid FDCA 6 6

7 Start with the best Biobased Building Blocks: Stereochemically pure monomers make the difference L lactic acid D lactic acid L lactide D lactide O O O O O O O O O O O O (R,R)- lactide or D-lactide (S,S)- lactide or L-lactide (R,S)- lactide or meso-lactide Building blocks used to make PDLA and PLLA homopolymers 7

8 Value & Performance Durables Semi Durables Disposables Time 8

9 Business development Lactides for PLA Solution provider and enabler for Lactic acid based Bioplastics o 1983 Purac introduces PLA for the biomedical market o ktpa Lactide monomers plant in Spain o 2009 PLA polymerization developed with Sulzer (CH) o 2010 First commercial PLA plant installed at Synbra (NL) o ktpa Lactide monomers plant in Thailand o 2013 Several partnerships announced at K-show 9 9

10 PLA Resin SUPLA Sugar feedstock LA & Lactide production PLA polymer production Compound production Conversion to products Brandowner Retailer Consumer SUPLA has started construction of a 10kT/y PLA facility Start of production Mid 2014 Lactide monomers supplied by Corbion to make PLLA Located in China Samples available for pre market launch SUPLA: high heat PLA for durable and demanding applications, such as automotive and electronics parts Benefits: PLLA for short cycle time High stereochemical purity Using GMO free biomass 10

11 2. Succinic Acid C5 C6 sugars upstream non food feedstock 80 years downstream salt free Adapted DSP bio based building blocks D ( ) Succinic acid FDCA 11 11

12 Succinic Acid: The Market Calls 1 I Biodegradable Polymers 2 I Pigments Biobased Succinic Acid Applications 3 I Plasticizer 4 I Polyurethanes 12

13 Expanding portfolio with Succinic acid by combining Corbion and BASF biotech and chemtech capabilities o o Leading global position in lactic acid and its derivatives for preservation, bioplastics and biobased chemicals markets Leading edge industrial fermentation and downstream processing knowhow o o o Largest and most experienced global producer of chemical intermediates Strong succinic acid fermentation know-how Downstream market expertise o Existing manufacturing facilities for succinic acid production BASF / Corbion : strong combination to develop Biobased Succinic Acid as platform chemical 13

14 Highly efficient Production process for Succinic acid BASF/Corbion strengths: o High performing proprietary microorganism o Innovative downstream purification process o Better eco efficiency compared to fossil production processes through: CO 2 fixation Use of renewable resources Lean and efficient process Biomass/carbohydrates + CO 2 Bacteria convert sugars and biomass into succinic acid Isolation of succinic acid from fermentation broth Targets: o Start of new production: Q1/2014 o Market development ongoing o C5/C6 substrates from biomass Succinic Acid Various applications 14

15 3. FDCA C5 C6 sugars upstream non food feedstock 80 years downstream salt free Adapted DSP bio based building blocks D ( ) Succinic acid FDCA 15 15

16 Bio FDCA to PEF Bottle Value Chain Technology development Business development Sugars, starch or Biomass C6 Sugars HMF Production FDCA Production FDCA Recovery PEF Polymer Production PEF Conversion Brand owner Retailer Consumer 16

17 Applications and Benefits of FDCA in polymers PEF bottles Resins Coatings Meeting unmet needs in polymer applications o Enhanced gas barrier properties o Mechanical properties o Favorable carbon footprint/lca o 100% Biobased 17

18 4. Platform technologies C5 C6 sugars upstream non food feedstock 80 years downstream salt free Adapted DSP bio based building blocks D ( ) Succinic acid FDCA 18 April 25 28,

19 Demonstration plant for gypsum free Lactic Acid process in Gorinchem, NL 10 kton/yr Demo Plant Start up July 2013 Product within specifications Running within >95% of design specifications since early August

20 Current Lactic Acid Production Lime Sulphuric acid Energy fermentation Acidification Purification Lactic acid Sugar Gypsum Co-Products 20

21 Future Lactic Acid production with Corbion s proprietary technology Energy fermentation Acidification Purification Lactic acid Biomass Gypsum Co-Products 21

22 Cellulose options in the Pipeline: co products from Industrial Production Bagasse Empty corn cobs Wood Corbion's assets in 2 G Biomass value chain Superior Process performance Lactic Acid vs. Bio Ethanol Biomass scouting & evaluation Pretreatment Technologies scouting & evaluation Fermentation and tailor made strain development Pilot and Demo capabilities 22

23 Corbion participates in various Programs focused at Biorefinery development o Corbion is investing several million Euro in next generation feedstock development with various partners: o Bio Process Facility (BPF) o BE Basic R&D program Global Industrial, Academic & Financial Partners Corbion is Research Member o Oil Palm Biomass Centre (OPBC) o Kluyver Centre o VITO o Institute for Sustainable Process Technology (ISPT) o Dutch Separation Technology Institute (DSTI) o BioBase Europe (BBE) 23

24 Summary andconclusions Corbion has strong foundation in lactic acid Fermentation technology Down stream processing A worldwide efficient supply chain drives lower cost Balance between high volume/low cost and flexible production units Capacity extension in Lactic Acid production required coming years to support continued growth New developments: - Gypsum free process to reduce raw material usage and lower cost - Flexibility in raw materials, to reduce vulnerability to raw material prices and lower cost - Production of new organic acids Sustainability driven innovations are translated into concrete businesses L Lactic acid and D Lactic acid for expanding range of applications Lactides for PLA and chemical building blocks Succinity JV with BASF for biobased succinic acid Building on core competences with FDCA development Expanding businesses through use of 2 nd generation feedstocks 24

25 Designed by Science, Powered by Nature and delivered through dedication Bio 2014 Philadelphia May 12 15, 2014