Tate & Lyle, DuPont share vision over bio-friendly products
03 Sep '05
3 min read
Science Company DuPont & ingredients company Tate & Lyle Chief Executives share their visions for Bio-Based Economy.
A new $100 million plant under construction here will create 50 new manufacturing jobs and help create a bio-based economy that will help reduce U.S. reliance on foreign oil by using renewable resources to make high performance products and energy, DuPont Chairman and CEO Charles O. Holliday, Jr. and Tate & Lyle PLC Chief Executive Iain Ferguson said.
DuPont and Tate & Lyle have formed a joint venture to build the plant, which will use renewable resources to replace petrochemical-based products. DuPont and Tate & Lyle scientists have developed a new method to use corn to produce 1,3 propanediol (PDO). This new product, Bio-PDO, is a key ingredient in the production of DuPont Sorona, the newest DuPont polymer for clothing, carpeting, plastics and many other possible uses.
The production of Bio-PDO consumes 30-40 percent less energy than petroleum-based PDO (on a per pound basis). Production of 100 million pounds of Bio-PDO in the Loudon plant will save the equivalent of 10 million gallons of gasoline per year.
"The world is in a position today where they can no longer afford to rely solely on oil and oil-derived products to sustain us," DuPont's Holliday said. "Biology-based solutions offer us the opportunity to transform economies by creating new, high-performance bio-materials that use less energy to manufacture, are preferred by company customers and are better for the long-term health of the economy and the environment."