Ascenix BioTechnologies initially to use U of M process for bio-methymethacrylate

In Minnesota, Ascenix BioTechnologies will perfect and commercialize production methods to synthesize chemicals from renewable feedstocks. Ascenix predicts this new bio-based process, developed by University of Minnesota researchers, will be more economical and environmentally friendly.

Although the process could be applied to the production of biofuels and myriad chemicals, the startup’s initial focus is on methylmethacrylate, a chemical used to make acrylic glass, paints and coatings, automotive parts, and electronics. Global production of the chemical is more than 6 billion pounds per year.

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