It is reported that the technology will include a fermentation process, mainly using bioengineered microorganisms to convert glucose or other carbohydrates into 3HPA, and then converting 3HPA to chemical derivatives, including acrylic acid.
Novison's biotechnology department official said that with the continuous rise in global oil prices, the production of chemicals from renewable materials as raw materials has become economically viable and has great potential for commercial development.
At present, the 3.1 million tons of acrylic acid produced annually in the world uses propylene oxidation technology, and the market demand for acrylic acid grows at an average annual rate of 4%.
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