Published: November 18, 2009
Rivertop Renewables Announces Breakthrough Technology for Commercial Production of Renewable Chemicals
MISSOULA, Mont. - (BUSINESS WIRE) - Rivertop
Renewables, a Montana-based renewable chemicals company, today
unveiled its breakthrough, patent-pending technology to produce
non-toxic, biodegradable chemicals in a scalable and cost-effective
manner. Rivertop's technology produces glucaric acid, which has been
recognized by the Department
of Energy (DOE) as one of the top 12 "building block chemicals" that
can be converted to a number of high-value, bio-based chemicals or
materials.
Glucaric acid is a sugar-based acid created by oxidizing glucose, the
most economical and abundant sugar on the planet. Rivertop plans to use
its biodegradable and non-toxic glucaric acid initially in products such
as corrosion inhibitors found in road salts, as well as concrete
admixtures which strengthen concrete, reducing consumption of this
energy-intensive industrial mainstay.
Rivertop is also developing a detergent builder to replace phosphates
found in many of today's household cleaners. This biodegradable chemical
will protect water quality and compete on price and sustainability
metrics with phosphates and petrochemicals by reducing disposal and
remediation costs.
With its glucaric acid, Rivertop will initially target several
submarkets of the more than $2 trillion chemical industry. Replacing
phosphates in detergents alone represents a $9 billion market
opportunity.
Current alternatives to glucaric acid are petroleum-based chemicals or
phosphates, which are not only tied to the volatile pricing of oil and
phosphate, but also create by-products that have harsh environmental
impacts.
"Rivertop is answering the call of consumers who increasingly prefer
environmentally safe and sustainable products," said Dr. Don Kiely,
Founder and Chairman of Rivertop. "Our technology creates an economical,
safe and sustainable solution that not only meets the needs of
consumers, but also addresses pending regulatory penalties associated
with the use of petroleum-based chemicals and other toxic chemicals in
numerous consumer products."
Rivertop's proprietary oxidation technology can produce glucaric acid
and other building block chemicals at an economical price and at
commercial scale. Rivertop has refined the oxidation of nitric acid into
a catalytic process that reduces the amount of needed nitric acid,
minimizes the production of waste, and increases the yield of valuable
end-use products. The oxidation platform is adaptable to feedstocks
beyond glucose such as sucrose and xylose.
Rivertop's patent-pending technology is based on more than 10 years of
research at the University of Montana by company founder and industry
pioneer Dr. Don Kiely. Over the course of hundreds of experiments, Kiely
and his team developed the company's Progressive Chemistry approach to
producing biodegradable chemicals from renewable resources in abundant
quantity and at a low cost.
Rivertop was recently chosen as one of three winners of the 2009 Rocky
Mountain Clean Tech Open, the nation's premier business plan
competition for clean tech startups. The company was also one of a small
group of clean tech companies selected nationwide to present its
business case at the National Renewable Energy Lab's 22nd
Annual Industry
Growth Forum in Denver, Colorado.
About Rivertop Renewables
Based in Missoula, Montana, Rivertop Renewables is innovating a new
category of science - Progressive Chemistry. Merging proven science with
renewable resources, Rivertop Renewables is creating an abundant and
economical supply of sustainable and non-toxic chemicals and
bioproducts. Rivertop products are biodegradable and built from
renewable plant sugars. More information is available at the website www.rivertop.com.
Scoville PR for Rivertop
Jaime Quick, 206-229-5183
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