Green Biologics, Inc., the U.S. subsidiary of Green Biologics Ltd., a U.K. industrial biotechnology and renewable chemicals company, announced a distribution agreement with Nexeo Solutions, a Texas based global distribution company.
Green Biologics purchased the assets of Central Minnesota Ethanol Co-op LLC in Little Falls in December 2014. The acquisition included a 21-million gallon per year ethanol plant, which GBL is repurposing to produce normal butanol and acetone, with planned startup in 2016.
Nexeo Solutions will become Green Biologics' national distributor of renewable n-butanol and acetone to U.S. customers in a number of key markets including coatings, adhesives, sealants and elastomers, household, industrial & institutional cleaners, personal care intermediates and energy chemicals.
"Nexeo Solutions is a superb partner for Green Biologics," said Timothy G. Staub, Global Vice President of Business Development for Green Biologics in a news release. "With decades of distribution experience, particularly in high value solvents, Nexeo Solutions brings a unique combination of logistical capabilities and market knowledge along with a critical presence both in key markets and geographies important to our customers."
Green Biologics is currently constructing its first commercial production facility for renewable n-butanol and acetone in Little Falls and aims to start up the plant in late 2016 with shipments to customers by the fourth quarter.
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Green Biologics is a new member of the American Chemistry Council and is building its new green solvents facility to meet Responsible Care standards.
"Our focus is to selectively move our renewable n-butanol and acetone into high value markets, and Nexeo is well qualified and positioned to help us reach key customers who are interested in sustainability and value," added Staub.
"Sustainability is an important metric for the chemical industry, and renewable chemicals are an important part of the equation for our customers and markets," said Dan Matheny, vice president Industrial Markets at Nexeo Solutions. "We are pleased to welcome Green Biologics to our industry and to the Nexeo family of suppliers."
Green Biologics Ltd is a renewable chemicals company based in Abingdon, England with a wholly owned U.S. operating company, Green Biologics Inc., based in Gahanna, Ohio. The company's clostridium fermentation platform converts a wide range of sustainable feedstocks into high performance green chemicals such as n-butanol, acetone, and through chemical synthesis, derivatives of butanol and acetone used by a growing global consumer and industrial products customer base. The platform combines advanced high productivity fermentation with superior-performing proprietary Clostridium microbial biocatalysts and synthetic chemistry to produce a pipeline of high value green chemicals with optimal performance in downstream formulations.
