OPXBIO’s EDGE technology creates cost-performance optimized microbes and bioprocesses faster and at lower cost than conventional methods. It is also flexible with demonstrated ability to convert multiple feedstocks into a wide range of bio-products.
The company’s second product is diesel fuel bio-processed from carbon dioxide and hydrogen. The U.S. Department of Energy has awarded OPXBIO $6M to support this development.
Genomatica’s sustainable chemicals will cost 15-25% less to produce than today’s petrochemicals.
Genomatica took only 2.5 years to achieve pilot production with its first product, a green version of the chemical BDO.
Genomatica’s sustainable chemicals produce 70% less greenhouse gases. This is a potential reduction of 7 billion pounds per year for their first product, BDO.
Genomatica is focused on the core of the chemical industry: the 50 intermediate and basic chemicals that are used to make thousands of others. Each has an existing market in the billions to scores of billions of dollars.