DSM, a Dutch chemical and materials company, plans to release a greener version of a chemical used in polymers, resins, food and pharmaceuticals later this year.
The company is working in a version of succinic acid that is derived from plant starch instead of oil or gas, according to the Financial Times. DSM accounts for 10-15 percent of global production of succinic acid.
DSM is piloting the greener chemical development with
Roquette, a company that converts vegetables into raw materials, and plans to have the plant-based succinic acid ready for release in December.
Although it will initially cost slightly more than oil-derived succinic acid, it will be economically competitive when oil is more than $100 per barrel, according to the company.
Depending on how the pilot program plays out, the company will decide whether or not to build a full-scale factory for the greener succinic acid next year.
Chemical bottles - CC license by hashmil
