the uk development of industrial biotechnology and bioenergy in the context of the global bioeconomy
TRANSCRIPT
The UK development of Industrial
Biotechnology and Bioenergy in the context
of the global Bioeconomy
Copyright © NNFCC 2014.
the set of economic activities relating to the invention, development,
production and use of biological products and processes.
improve health outcomes, boost the productivity of agriculture and industrial
processes, and enhance environmental sustainability.
Source - OECD
Biological Tools
Biological Raw
Materials
The Bioeconomy
Biobased Biotech
Copyright © NNFCC 2014.
The value of biomass
Biomass
Functional content
Carbon content
Energy content
Materials
Chemicals
Liquid & Gaseous Fuels
Heat & Power
Biorefinery operation
Stranded assets
Food, Feed & Medicine
Cascading use
Copyright © NNFCC 2014.
Attractive
because it’s
inherently
circular
http://www.wageningenur.nl/en/Expertise-Services/Research-Institutes/food-biobased-research/Expertise-areas/Biorefinery.htm
Copyright © NNFCC 2014.
A major
global
employer
Copyright © NNFCC 2014.
A mechanism to drive sustainable development covering Environmental, Economic and Social policy. Today’s bioeconomy in Europe • is worth an estimated €2 trillion • accounts for 22 million jobs • 9% of total employment in the EU Each euro invested in EU-funded bioeconomy research and innovation is estimated to trigger €10 of value added in bioeconomy sectors by 2025.
EUROPEAN BIOECONOMY
Innovating for Sustainable Growth A Bioeconomy for Europe
February 2012
Copyright © NNFCC 2014.
Bio-based value propositions
• New or enhanced product performance (in use phase or wider life
cycle)
• Lower cost production routes
• Consumer desire for environmentally friendly products
• Value created through policy intervention
Copyright © NNFCC 2014.
Cost to develop
and win
marketing
approval for a
new drug is $2.6
billion 1
1) Source: Tufts CSDD
http://www.firstwordpharma.com/node/1246255#axzz3KByBqK7a
Clear
functional
value in
biopharma
Copyright © NNFCC 2014.
Emotional value
Copyright © NNFCC 2014.
Changing monetary cost base
0
50
100
150
200
250
300
Commodity Agricultural Raw Materials
Commodity Food
Crude Oil
Copyright © NNFCC 2014.
Source: World Meteorological
Organisation
Policy intervention
Copyright © NNFCC 2014.
Innovation
Research
Development Pilot
Demonstration
Commercialisation
Technology Valley Commercialisation Valley
Knowledge ≠ Invention ≠ Innovation
Copyright © NNFCC 2014.
VISION UK bioscience research delivering products
& processes key to the bioeconomy and driving economic growth for the UK and
worldwide
Copyright © NNFCC 2014.
Industrial Biotechnology – Multidisciplinary science
Biological Chemistry
Bioprocess Engineering
Molecular Biology
Systems Biology
Cell Biology
Synthetic Biology
Bio-prospecting
Copyright © NNFCC 2014.
Create communities and
foster stakeholder
engagement resulting in
collaboration
Copyright © NNFCC 2014.
£2-5M £5M £10M
Early Stage Late Stage
£250K £1m
IB Catalyst Funding streams
Proof of
concept
studies
Copyright © NNFCC 2014.
IB Catalyst Round 1
31%
17% 30%
22%
23
FUNDED
PROJECTS 19%
12%
41%
28%
Fine & Specialities Commodities
Peptides & Proteins Efficiency
TOTAL
GRANT VALUE
£21.5M
Total Project Value = £26.7M
Copyright © NNFCC 2014.
The EU contributes €1
billion to the research
and innovation program,
European industries have
committed to another
€2.7 billion
Bio-based Industries Public Private Partnership
http://biconsortium.eu/
Copyright © NNFCC 2014.
UK process
development
support
Copyright © NNFCC 2014.
Making the most of Europe
Copyright © NNFCC 2014.
The cellulosic ethanol rush
POET-DSM, US,
Operational. Capacity
20M gal (~60,000t/y)
Beta Renewables, Italy,
Operational. Capacity
40,000t/y
Abengoa, US,
Operational. Capacity
25M US gal
DuPont, US, under
construction. Capacity
30M US gal (~90,000t/y)
GranBio, Brazil,
Operational. Capacity
21.6M US gal
Copyright © NNFCC 2014.
Image courtesy of Abengoa
Anaerobic
digestion –
an integral
part of
cellulosic
ethanol
biorefineries
Copyright © NNFCC 2014.
Image courtesy of Poet/DSM
Biorefineries
create
integration
potential
Copyright © NNFCC 2014.
The Graduate (1967)
Copyright © NNFCC 2014.
In 2011 Coca Cola
distributed
5bn plant bottle
packages across
20 countries
Image courtesy of Coca Cola
Copyright © NNFCC 2014.
“The global bio based succinic acid market is expected to reach market
volume of 710.0 kilo tons by 2020, growing at a CAGR of 45.6% during 2013-
2020” - Allied Market Research
Operating a 13,600t/a nameplate capacity plant in Louisiana, US
Constructing a 30,000t/a nameplate capacity plant in Ontario, Canada
Operating a 10,000 t/a nameplate capacity plant in Cassano Spinola, Italy
Operating a 10,000 t/a nameplate capacity plant in Montmeló, Spain
Copyright © NNFCC 2014.
31%
24%
23%
23%
19%
19%
14%
14%
9%
Already using some renewable feedstocks…
Strategic commitment to use of…
Currently investing in research &…
Actively investigating & planning
Currently partnering with other companies
Considering
Strategic interest to back-integrate &…
Little interest at this time
Currently investing in renewables-based…
ICIS chemical business reader survey on sustainability
Based on responses
of 960 participants
Copyright © NNFCC 2014.
High value
products with
extended
value chains
Source: European Bioplastics
Copyright © NNFCC 2014.
The
bioeconomy
will take time
to develop
It’s not
necessarily
what you can
see that’s
important!
Copyright © NNFCC 2014.
Final thought
Ensure your
terminology is
understood by
your audience!
Celebrating 10 years of Bioeconomy
development
NNFCC is a UK based consultancy with
expertise on the conversion of biomass to
bioenergy, biofuels and biobased
products.
We help industry solve complex business
challenges and provide vital evidence for
policy makers.
| | www.nnfcc.com | [email protected]