Genomatica lands Wall Street Journal Technology Innovation Award
In California, Genomatica was named winner today of the Wall Street Journal Technology Innovation Award in the Materials category. The company was honored with first place for its new manufacturing processes for high-volume intermediate and basic chemicals from renewable feedstocks rather than oil and natural gas. Chosen among 536 applications, Genomatica’s processes are among the Wall Street Journal’s top innovations this year.
Genomatica’s process technologies produce the exact same chemicals to ‘green’ the manufacturing value chains for thousands of everyday products (e.g. sports apparel, tires, and running shoes) ‘at source,’ with better economics and a smaller environmental footprint. Its business model of licensing these technologies facilitates more rapid deployment of the technology and is helping the industry transition to renewable feedstocks and more sustainable products.
Read more at Bio-BasedDigest