Pitch Company
Nova Extraction
Time & Location
Wednesday: 15.00 to 16.30, Stage 2
Nova Extraction – Developing sustainable alternatives to traditional petrochemicals from pulping and agricultural waste streams for flavourings, adhesives, plasticsAlexander Novitskiy CEO and CO-founder
About this Company
Nova Biochem is developing sustainable alternatives to traditional petrochemicals using waste streams from pulping and agriculture. We have validated our technology at lab scale and recently scaled up to a pilot using a water-based clean process to convert waste lignin into bio-based chemicals and building blocks. We plan to run our own biorefineries strategically located next to the waste generation industry and create a range of chemicals and materials for sale. Our experienced team includes experts in chemical and mechanical engineering, financial industry, industrial equipment building, and business development in sustainable industries.
The potential market for bio-based chemicals from lignin is significant, with the global aromatic chemicals market valued at £225.3 billion in 2020. Our process has received fantastic responses from industry leaders such as Solvay, Döhler, and Croda, and we collaborate with top lignin producers like Borregaard, Stora Enso, Metsa Group, and British SMEs like Bio-Sep and Lixea.
We are currently seeking £1.5M in Seed funding to develop our process further and prepare for a full-scale demonstrator. With industry attention and interest, we are excited about the potential for our technology to bring about a cleaner, more sustainable future. If you share our vision, we’d love to discuss how we can work together to achieve it.
Nova Biochem is developing sustainable alternatives to traditional petrochemicals using waste streams from pulping and agriculture. We have validated our technology at lab scale and recently scaled up to a pilot using a water-based clean process to convert waste lignin into bio-based chemicals and building blocks. We plan to run our own biorefineries strategically located next to the waste generation industry and create a range of chemicals and materials for sale. Our experienced team includes experts in chemical and mechanical engineering, financial industry, industrial equipment building, and business development in sustainable industries.
The potential market for bio-based chemicals from lignin is significant, with the global aromatic chemicals market valued at £225.3 billion in 2020. Our process has received fantastic responses from industry leaders such as Solvay, Döhler, and Croda, and we collaborate with top lignin producers like Borregaard, Stora Enso, Metsa Group, and British SMEs like Bio-Sep and Lixea.
We are currently seeking £1.5M in Seed funding to develop our process further and prepare for a full-scale demonstrator. With industry attention and interest, we are excited about the potential for our technology to bring about a cleaner, more sustainable future. If you share our vision, we’d love to discuss how we can work together to achieve it.
Read more https://www.f6s.com/nova-biochem