BIO’s 2011 World Congress got off to a strong start in Toronto, with news announcements from G2 BioChem and others throughout the morning.
The big news from BIO was the presentation of the George Washington Carver Award to Royal DSM CEO/Chairman Feike Sijbesma. Sijbesma discussed the evolution of DSM from a coal mining company to a chemical company and now to a global life sciences and materials company. For Sijbesma, this transformation mirrors the current Green Industrial Revolution.
Feike Sijbesma’s acceptance speech is available as written.
Download audio of speech: Royal DSM Chairman/CEO Feike Sijbesma Accepts the 2011 BIO George Washington Carver Award
As evidence of the Green Industrial Revolution, DSM announced plans to build a bio-succinic acid plant in partnership with Roquette. The plant would open in Italy in 2012 if all goes according to plan. BP announced investment in Verdezyne, a California company building a platform to produce adipic acid, which is a building block for nylon.
Genencor published the results of a new survey of consumer acceptance of biobased household products. In a survey of U.S. and Canadian consumers, from 30 to 40 percent of respondents indicated they have heard the term “biobased products.” More than two-thirds indicated they’d be willing to purchase them for their environmental sustainability, if they were comparable to non-biobased products on cost and effectiveness.