GFBiochemicals Starts Production of Levulinic Acid
MONTREAL - Biobased chemical company GFBiochemicals has started commercial production at its levulinic acid plant in Caserta, Italy. The announcement was made at the BIO World Congress on Industrial Biotechnology in Montreal. GFBiochemicals is the first company to produce levulinic acid at commercial scale directly from biomass.
“Caserta is now the world's largest operational production plant for levulinic acid,” said Chief Commercial Officer Marcel van Berkel. “A fundamentally lower price range is now possible using our unique technology. This will give access to previously undiscovered market segments.”