OPXBio achieves cost reduction for bioacrylic

Colorado-based renewable biochemical and biofuel company OPX Biotechnologies Inc. has successfully reduced the cost of its bioacrylic by 85 percent of its reduction target of 50 cents per pound, which represents cost parity with petroleum-based acrylic. The development marks a significant achievement in the company's quest to commercialize its process.

OPXBio used its proprietary Efficiency Directed Genome Engineering technology to rapidly develop a microbe that when fully optimized will produce bioacrylic at the rate, concentration and yield needed for full commercialization, according to the company. With successful completion of its pilot-scale development this year, OPXBio is planning a demonstration facility in 2011 and its first commercial plant in 2013.