Benefits

Environmental

GreenChem addresses several critical environmental issues, including the detrimental effects of plastics on our oceans and health, the accumulation of landfill waste, and the greenhouse gas emissions from fossil-based plastics and fuels that contribute to climate change.

Our core message, "Driving Plastics Green," encapsulates GreenChem's commitment to environmental sustainability.

GreenChem aims to replace all fossil-based plastics within a generation with biodegradable products such as textiles, films, and molded items. Our financial analysis demonstrates that including lignin as a co-product and revenue stream is crucial for the commercial viability of biomaterials. This approach allows biomaterials to reach a break-even point at US$70 per barrel. By widely dispersing GreenChem technology, we can foster large-scale bioplastics production, thereby tackling a significant driver of climate change.

economic

GreenChem focuses on licensing biopolymer technology to bioplastic operators. While this technology can be complex, it offers numerous economic and financial benefits.

A key to the success of every GreenChem operation is the ability to double revenue through lignin. This dramatically lowers the breakeven oil price from US$110 to approximately US$70 per barrel.

Each regional biorefinery is expected to create 40 jobs. We believe several biorefineries should be established in regions with a strong forestry presence.

Our goal is to expand our business units across Australasia, with a particular focus on Australia where there is a greater opportunity, as we primarily rely on hardwood chip.

Ultimately, as GreenChem’s technology is licensed internationally, the turnover from biorefineries is projected to approach $billions annually. The value added from green plastics is expected to multiply this figure by at least an order of magnitude.