Volume 94 Issue 29 | p. 15 | Concentrates
Issue Date: July 18, 2016

Toyota group firm invests in Anellotech

Department: Business
Keywords: biobased chemicals, aromatics, paraxylene, polymers
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Anellotech’s testing facility is in a 25-meter-high building in Texas.
Credit: Anellotech
A photo of Anellotech’s testing facility in a 25 M building in Texas.
 
Anellotech’s testing facility is in a 25-meter-high building in Texas.
Credit: Anellotech

Anellotech, a Pearl River, N.Y.-based start-up, has disclosed receiving funding from Toyota Tsusho, a member of the Toyota Group, to develop its biobased aromatics technology. Anellotech is using funds from Toyota Tsusho and other investors to complete installation of a development and testing facility in Silsbee, Texas. Anellotech’s catalytic technology produces benzene, toluene, and xylenes from nonfood biomass. Toyota Tsusho is interested in converting the aromatics into biobased polyester packaging.

 
Chemical & Engineering News
ISSN 0009-2347
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