AFYREN , a greentech company that manufactures biobased ingredients using fermentation technology and a circular business model, unveiled its plan to market high quality solutions that will help customers in the industries it serves meet their sustainability goals.
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AFYREN makes biobased carboxylic acids (C2-C6) that are needed in a wide variety of industries for their antibacterial, olfactory or conservation properties. Until now, these generic molecules have been, for the large part, made from petroleum derivatives, contributing to an extractive business that is no longer sustainable. The focus had always been on profitability and utility — environmental impact was mostly ignored as a key performance indicator. But today, investors, OEMs and end-users all scrutinize products and services to find out if companies are doing their best to reduce environmental impact. In a context where global production of biobased products is limited, AFYREN offer will create opportunities for the customers to access these acids locally in Europe.
Chemicals with low carbon profiles will have a clear advantage as industries transition to renewable sources, a recent report noted. Just as makers of specialty chemicals have an advantage over makers of commodity chemicals, “the next ten years could see a separation between the portfolios of green leaders and green laggards.”
AFYREN is stepping up to the challenge, rolling out differentiated, high quality solutions that will help its customers meet their sustainability goals with high performance, competitive chemical building blocks. Starting from the end of May, AFYREN will roll out different solutions for these four broad industrial categories: food and feed, flavors and fragrances, lubricants, and life sciences and materials science.
AFYREN uses agricultural by-products instead of petro-based feedstock in a biobased, circular process that cuts the carbon footprint of these acids by 81 percent. The goal is to provide high-performance biobased solutions to its industrial customers who wish to offer more natural, eco-friendly products to their end users.
“We started AFYREN in 2012, focused every step of the way on sustainability and circularity,” said Nicolas Sordet, AFYREN’s CEO. “It’s not only about replacing petrol. Our process is biomimetic, low-waste and low-energy. It uses local agricultural byproducts, and what is left over goes back into the soil as an organic fertilizer. Our customers benefit from this dedication, this depth of purpose.”