Chrysalix Technologies Ltd
- Founded in: 2017
- Number of employees: 4
- Country: United Kingdom
- Website: chrysalixtechnologies.com
Which input provides your business model/core technology towards a bio-based economy?
We provide a chemical process that uses unwanted waste, wood and agricultural residues to produce high-quality cellulose, lignin and by-products (e.g. furfural, acetic acid). Compared to other pulping technologies we offer a significant reduction in capital costs and lower energy requirements, resulting in better profit margins and making bio-refining more competitive with the traditional petrol-based industry.
Which market/clients do you address and which short-term/long-term goals do you have?
We are addressing the bio-refining market, specifically companies with an abundance of underused biomass resources and a use for a new source of cellulose. Our short-term goal is to build a pilot-plant that can supply small quantities of cellulose and lignin to start product development. Our long-term goal is to be able to offer a technology package for biorefiners across the planet, using a variety of input materials and producing a large portfolio of products.
What makes your approach unique compared to other stakeholders in the field?
Our proprietary process uses a low-cost ionic solvent which offers a significant reduction in capital cost and energy requirements compared to traditional pulping technologies. Combined with the ability to work with various waste products, e.g. sawdust, sugarcane bagasse, demolition waste and wood, we can offer very attractive returns on investment and relatively small scales, reducing the need for large capital investments.
You can meet Chrysalix Technologies Ltd at EFIB in Brussels on 30 September – 2 October 2019.