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Today's and tomorrow's bio-based bulk chemicals from white biotechnology: a techno-economic analysis

Hermann, Barbara G.
Published in Applied Biochemistry and Biotechnology. 2007, vol. 136, p. 361-388
Abstract Little information is yet available on the economic viability of the production of bio-based bulk chemicals and intermediates from white biotechnology (WB). This paper details a methodology to systematically evaluate the techno-economic prospects of present and future production routes of bio-based bulk chemicals produced with WB. Current and future technology routes are evaluated for 15 products assuming prices of fermentable sugar between 70 e/t and 400 e/t and crude oil prices of US $25/barrel and US $50/barrel. The results are compared to current technology routes of petrochemical equivalents. For current state-of-the-art WB processes and a crude oil price of US $25/barrel, WB-based ethanol, 1,3-propanediol, polytrimethylene terephthalate and succinic acid are economically viable. Only three WB products are economically not viable for future technology: acetic acid, ethylene and PLA. Future-technology ethylene and PLA become economically viable for a higher crude oil price (US $50/barrel). Production costs plus profits of WB products decrease by 20–50% when changing from current to future technology for a crude oil price of US $25 per barrel and across all sugar prices. Technological progress in WB can thus contribute significantly to improved economic viability of WB products. A large-scale introduction of WB-based production of economically viable bulk chemicals would therefore be desirable if the environmental impacts are smaller than those of current petrochemical production routes.
Keywords White biotechnologyIndustrial biotechnologyBulk chemicalsEconomic analysisFuture technologyFermentationGeneric approach1,3-propanediol
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HERMANN, Barbara G., PATEL, Martin Kumar. Today's and tomorrow's bio-based bulk chemicals from white biotechnology: a techno-economic analysis. In: Applied Biochemistry and Biotechnology, 2007, vol. 136, p. 361-388. doi: 10.1007/s12010-007-9031-9

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Deposited on : 2014-12-17

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