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Business
Lanxess Invests In Gevo For Isobutene
by Melody Voith
May 31, 2010
| A version of this story appeared in
Volume 88, Issue 22
Specialty chemical maker Lanxess has invested $10 million in Gevo, a biobased chemicals and fuels start-up. The two firms will work together to develop a renewable source for isobutene, a raw material for synthetic rubber. Gevo has developed a fermentation process to transform sugar from corn into isobutanol. Meanwhile, Lanxess researchers are optimizing a process to dehydrate isobutanol into isobutene. The company says renewable isobutene would expand its supply options in the face of volatile raw material prices and petrochemical industry consolidation.
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