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It was using genetically modified bacteria via industrial fermentation. It's essentially a specialty chemical used in pharma, automotive, paints & adhesives and
by Johnny_Bonk 2mo ago
It was using genetically modified bacteria via industrial fermentation. It's essentially a specialty chemical used in pharma, automotive, paints & adhesives and theoretically for biodegradable plastics but unfortunately PHB (the plastic you can make out of it) doesn't have great properties. All in all, the 3HB market was pretty small with tight supply chains and not a huge amount of growth. I'm sure you guys will have more success depending on your outputs.
- jonavanoord 2mo agoThat sounds like you might have had a pretty similar sales process to what we are going through. What was your experience selling 3HB like?