Biochemtex (Gruppo M&G)

Biochemtex is a global leader in the development and engineering of technologies and bio-chemical processes based on the exclusive use of non-food biomass, as an alternative to oil.

Thanks to a partnership with Beta Renewables – company owned as majority shareholder in Joint Venture with the American private equity firm, TPG (Texas Pacific Group) and the Danish leader in bio-innovation, Novozymes – it realizes technologies and plants to produce bio-ethanol and other chemical intermediates. After seven years of studies and 150 million Euro of investment, Biochemtex developed the PROESA™ process, an exclusive technology platform commercialized by Beta Renewables.

Proesa™ is used to produce bio-fuels and chemical intermediates and it has been demonstrated on an industrial scale at the Crescentino plant, that is the 1st demo plant in the world that produces 2nd generation bioethanol on industrial scale.

Biochemtex is also developing a new technology called MOGHI to convert lignin into bio-diesel and other aromatics, largely used in industry.The company runs two Research Centers in Rivalta Scrivia (AL) and Modugno (BA).