LANXESS is strengthening its commitment to produce premium synthetic rubber from bio-based raw materials. As part of this commitment, LANXESS has increased its minority shareholding in Gevo, Inc. that focuses on renewable chemicals and advanced biofuels.
LANXESS’ increased equity stake reflects the good progress made by both companies in developing isobutene – a key raw material for the manufacture of synthetic rubber – from renewable resources.
“As the world’s largest purchaser of isobutene, it is only prudent that we seek other supply options from renewable sources as an alternative to traditional fossil fuels,” said Axel C. Heitmann, Chairman of the LANXESS Board of Management. “This investment also sharpens our focus on ‘Green Chemistry’ and sustainable production, which will gain in significance in the coming years.”
In an op-ed* Heitmann emphasized the importance of "Green Chemistry" and the role LANXESS plays in this field:
“...some of the most revolutionary research is now quietly being carried out by chemists and biologists as they explore new ways to convert biomass into eco-friendly, renewable biofuels and chemical feedstocks."
"At LANXESS, we are deeply engaged in all aspects of an intensive, industry-wide effort to make ‘Green Chemistry’ a reality."“
“Future generations will live in a world where the rubber that goes into tires, pharmaceutical closures and even chewing gum can be made from sustainable resources."
"This transformation will lead to far greater use of renewable energy, cleaner production processes and greener products.“
*Here you can find the complete article
