FURFURAL MARKET ANALYSIS

Market News

Key Developments

• In July 2018, Sappi Global, a South Africa based supplier of wood fiber products announced construction of demonstration plant for scale up of Xylex technology for production of furfural and xylitol. After the successful demonstration, the company announced its plans to construct commercial furfural plants in the U.S. and South Africa.
• In May 2018, Fortum, Chempolis and Numaligarh Revinery Ltd. collaborated to develop bio refinery to convert 300,000 tons of bamboo to furfural, ethanol, biocoal and acetic acid in Assam, India for use as a fuel in combined heat and power plant. The project is expected to commence its operations by 2020.
• In March 2018, Attis Innovations, partnered with the University of Florida Southwest Florida Research and Education Center and the Gulf Citrus Growers Association to evaluate citrus trees as a feedstock to convert it into furfural, cellulose, glucose and others using the Attis biorefining technology, which is used to separate and convert biomass into cellulosic ethanol, furfural, etc.