In 2008, a group of biobased chemical experts saw the significant potential of levulinic acid to replace petroleum-based products across a range of market sectors. GFBiochemicals was founded to develop the production technology needed for this revolution in chemicals and biofuels.
GFBiochemicals demonstrated these breakthrough technologies in the Caserta plant, in partnership with the University of Pisa and the Polytechnic University of Milan. This commercial-scale plant was retrofitted with new conversion, recovery and purification technology.
With production at Caserta to be scaled up to 10,000 MT/a by 2017, GFBiochemicals expects substantial growth in the levulinic acid market coming years. Our team of technical experts have decades of experience in innovation, production and business development. Funded and supported by private investors, GFBiochemicals is committed for the long-term.
Global Levulinic Acid Market to be driven by its potential of replacing phthalate plasticizers used for manufacturing PVC; Asia Pacific holds the largest segment for global levulinic acid industry across the globe. This research report analyzes levulinic acid market on the basis of its market segmen…