According to the American Chemical Society, the global chemicals industry is approximately a $4.1 trillion market, the majority of which is comprised of organic (carbon-containing) chemicals that are primarily produced using fossil-fuel feedstocks. We believe our technology platform can be applied to the biological production of other chemicals that contain up to six carbon atoms. Coskata’s research and development teams are focused on developing syngas fermentation pathways for commercially-significant chemicals where the technology has the potential to significantly lower production costs versus other methods. The company has already demonstrated in a laboratory setting the production of propanol, butanol, butanediol, hexanol, organic acids and certain fatty acids.
Global Chemical Shipments