{"id":33633,"date":"2016-03-17T07:39:19","date_gmt":"2016-03-17T06:39:19","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=33633"},"modified":"2016-03-16T15:42:57","modified_gmt":"2016-03-16T14:42:57","slug":"southeast-asia-promising-hub-for-emerging-bio-based-chemicals","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/southeast-asia-promising-hub-for-emerging-bio-based-chemicals\/","title":{"rendered":"Southeast Asia Promising Hub for Emerging Bio-based Chemicals"},"content":{"rendered":"<p><strong>Driven by large and widespread feedstocks and government incentives, Southeast Asia is positioned to be a hub for bio-based materials and chemicals (BBMC), according to Lux Research.<\/strong><\/p>\n<p>Indonesia, Malaysia, and Thailand \u2013 the three largest producers of palm oil \u2013 are parlaying their natural strengths into the emerging BBMC space. Malaysia is focusing on new oleochemicals while Thailand is focusing on bioplastics; Indonesia has ample feedstock but presents more challenges due to a lack of government support for bio-based chemicals.<\/p>\n<p>\u201cHistorically, most of the venture capital investment in BBMC has gone to start-ups based in North America and Europe,\u201d said Julia Allen, Lux Research Analyst and an author of the report titled, \u201c<a href=\"https:\/\/portal.luxresearchinc.com\/research\/report\/20823\" target=\"_blank\">Assessing the Bio-based Chemicals Landscape in Southeast Asia<\/a>.\u201d<\/p>\n<p>\u201cFirms such as Altranex, for example, could develop supply chains in this region to tap into locally available feedstocks, like fat-rich waste effluents,\u201d she added.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-33635\" src=\"https:\/\/renewable-carbon.eu\/news\/wp-content\/uploads\/2016\/03\/PR_Graphic_BBMC_3_10_16.jpg\" alt=\"PR_Graphic_BBMC_3_10_16\" width=\"500\" height=\"312\" srcset=\"https:\/\/renewable-carbon.eu\/news\/media\/2016\/03\/PR_Graphic_BBMC_3_10_16.jpg 500w, https:\/\/renewable-carbon.eu\/news\/media\/2016\/03\/PR_Graphic_BBMC_3_10_16-300x187.jpg 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/p>\n<p>Lux Research analysts evaluated growth of the BBMC industry in Southeast Asia and the opportunities it presents to global investors. Among their findings:<\/p>\n<ul>\n<li>Malaysia&#8217;s palm oil boosts the potential for new oleochemical technologies. Malaysia, the world\u2019s second largest producer of palm oil, is best suited to produce new oleochemicals. Foreign companies such as Verdezyne and Biosynthetic Technologies have received investments from local conglomerate Sime Darby.<\/li>\n<li>Thailand aims to be an ideal site for bioplastics. Thailand enjoys numerous advantages in bioplastic manufacturing. It has ample sugarcane \u2013 100 million MT in 2013 \u2013 and enjoys supportive policies. Foreign players here include NatureWorks and Corbion Purac.<\/li>\n<li>Elevance is the sole commercial bio-based chemical player in Indonesia. Indonesia\u2019s lack of government support and suboptimal infrastructure make the world\u2019s largest producer of palm oil \u2013 33 million MT in 2014 \u2013 a less attractive geography. Elevance does have a 180,000 MT oleochemical facility and the potential to double capacity, but has delayed scale-up plans<\/li>\n<\/ul>\n<p>The report, titled \u201cAssessing the Bio-based Chemicals Landscape in Southeast Asia,\u201d is part of the <a href=\"http:\/\/www.luxresearchinc.com\/coverage-areas\/bio-based-materials-and-chemicals\" target=\"_blank\">Lux Research Bio-based Materials and Chemicals Intelligence<\/a> and the <a href=\"http:\/\/www.luxresearchinc.com\/coverage-areas\/coatings\" target=\"_blank\">Coatings Intelligence<\/a> services.<\/p>\n<p>&nbsp;<\/p>\n<h3>About Lux Research<\/h3>\n<p>Lux Research provides strategic advice and ongoing intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Driven by large and widespread feedstocks and government incentives, Southeast Asia is positioned to be a hub for bio-based materials and chemicals (BBMC), according to Lux Research. Indonesia, Malaysia, and Thailand \u2013 the three largest producers of palm oil \u2013 are parlaying their natural strengths into the emerging BBMC space. Malaysia is focusing on new [&#8230;]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572],"tags":[6843,5838],"supplier":[11988,4078,5428,5788,2101,103,2420],"class_list":["post-33633","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-biochemicals","tag-bioeconomy","supplier-altranex-corp","supplier-biosynthetic-technologies","supplier-corbion-purac","supplier-elevance-renewable-sciences","supplier-luxresearch","supplier-natureworks-llc","supplier-verdezyne-inc"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/33633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=33633"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/33633\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=33633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=33633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=33633"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=33633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}