Catalyxx wins €20M+ EU backing for first commer-cial chemicals plant
Spain-based Catalyxx, a developer of bio-based chemicals, has secured a€20 million grant from the European Union through RenewChem, a flagship projectselected by the Circular Bio-based Europe Joint Un... Catalyxx has secured EU backing to support the commercial rollout of its bio-based chemicals technology, advancing renewable alternatives for the chemical industry and supporting the transition to lower-carbon manufacturing.
Key Takeaways
- Climatetech Catalyxx wins €20M+ EU backing for first commer-cial chemicals plant Catalyxx has secured EU backing to support the commercial rollout of its bio-based chemicals technology, advancing renewable alternatives for the chemical industry and supporting the transition to lower-carbon manufacturing.
- Catalyxx is leading the RenewChem consortium alongside chemical companies Arkema and Evonik, bringing together industrial, technology and research partners from across Europe.
The project aims to establish Europe's first industrial-scale production of bio-based alcohols from ethanol, producing chemicals that are compatible with existing industrial infrastructure and supply chains while reducing reliance on fossil-based feedstocks.
- The company says its products are designed to match the performance of conventional petrochemical alternatives while reducing the carbon footprint of chemical manufacturing.
According to Joaquín Alarcón , CEO of Catalyxx, the grant validates both the company's technology and industrial strategy while supporting its transition to commercial-scale production.
- The grant comes as Europe's chemical industry faces increasing pressure to decarbonise production while maintaining industrial competitiveness.
Catalyxx aims to provide manufacturers with renewable chemical alternatives that can be adopted without requiring changes to existing production processes.
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- #Spain-based Catalyxx, a developer of bio-based chemicals, has secured a€20 million grant from the European Union through RenewChem, a flagship projectselected by the Circular Bio-based Europe Joint Un...
- #Tamara Djurickovic 1 hour ago Share Share Send email Copy link Spain-based Catalyxx , a developer of bio-based chemicals, has secured a €20 million grant from the European Union through RenewChem, a flagship project selected by the Circular Bio-based Europe Joint Undertaking (CBE JU).
Catalyxx has secured EU backing to support the commercial rollout of its bio-based chemicals technology, advancing renewable alternatives for the chemical industry and supporting the transition to lower-carbon manufacturing. Climatetech Catalyxx wins €20M+ EU backing for first commer-cial chemicals plant Catalyxx has secured EU backing to support the commercial rollout of its bio-based chemicals technology, advancing renewable alternatives for the chemical industry and supporting the transition to lower-carbon manufacturing. Tamara Djurickovic 1 hour ago Share Share Send email Copy link Spain-based Catalyxx , a developer of bio-based chemicals, has secured a €20 million grant from the European Union through RenewChem, a flagship project selected by the Circular Bio-based Europe Joint Undertaking (CBE JU).
The funding will support the construction of Catalyxx's first commercial bio-based chemicals plant in Europe, marking the company's transition from technology demonstration to commercial-scale production. Catalyxx is leading the RenewChem consortium alongside chemical companies Arkema and Evonik, bringing together industrial, technology and research partners from across Europe. The project aims to establish Europe's first industrial-scale production of bio-based alcohols from ethanol, producing chemicals that are compatible with existing industrial infrastructure and supply chains while reducing reliance on fossil-based feedstocks.
Founded to develop renewable alternatives for the chemical industry, Catalyxx has developed a proprietary process that converts ethanol into butanol, hexanol and other higher alcohols used in products including coatings, adhesives, lubricants, surfactants, home and personal care products, fragrances and sustainable fuels. The company says its products are designed to match the performance of conventional petrochemical alternatives while reducing the carbon footprint of chemical manufacturing. According to Joaquín Alarcón , CEO of Catalyxx, the grant validates both the company's technology and industrial strategy while supporting its transition to commercial-scale production.
For more details please read the original article at Tech.eu.
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