Verbio commences construction of the world’s first large-scale ethenolysis plant using rapeseed oil methyl ester at its Bitterfeld location. This plant will be able to manufacture large quantities of bio-based speciality chemicals for use in detergents and cleaning agents, high‑performance lubricants for engines, or plastics. In doing so Verbio is helping the chemical industry make the transfer from fossil-based to renewable raw materials.
The technology is based on the metathesis process. Prof. Dr. Richard Schrock, one of the former founders of XiMo, was awarded the Nobel Prize in Chemistry in 2005 for his discoveries in the field of metathesis in organic chemistry.