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A bio-based solvent for extraction of vegetable oils and lipophilic fractions in the agri-food sector
- About Company
ECOXTRACT
A bio-based solvent for extraction of vegetable oils and lipophilic fractions in the agri-food sector
Label Date
August 6, 2021
By
Pennakem
Parent company
Minafin Group
From
United States
Maturity stage
TRL 9 / CRI 3-4 - Commercial Scale Up / Multiple commercial Applications
For the production of oils, especially edible oils, 2 technics are used which are cold pressing for high quality virgin oils, and/or solvent extraction for commodity large volume oils, such as sunflower or rapeseed oils. For the solvent extraction step the current state of the art technology is the use of Hexane, a petrochemical solvent. Hexane is dangerous and toxic for people exposed, such as workers, but as well consumers, because traces are still found in final products brought into the food supply chain. The Solution, EcoXtract, is a safe, non toxic extraction biobased solvent derived from agriculture by-products. This solvent is eco-friendly for users, consumers and as well for the environment as it is biodegradable and reduce carbon footprint of processes where it is implemented. EcoXtract allows the production of clean human food and animal feed products but could also benefit other industries such as cosmetics, food supplements, pharmaceuticals, flavours and fragrances.
The Environmental Benefits
- •Could replace 1,100,000 metric tons of petrochemical hexane
- •CO2 emissions savings estimated at around 3 to 4 millions metric tons globally
- •100% bio-based
- •100% biodegradable
- •Production: reduces carbon footprint by 80% to 90% compared to petrochemical solvents
The Financial Benefits
- •Payback in less than 3 years for new plants
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Company Profile
Pennakem
Over 70-years of Innovation in Sustainable Bio-based Chemistry with Bio-based Solvents and other Fine Chemicals like Furan and Furfural.
Headquarters
Memphis, TN 38108, USA
Type
Company
Parent company
Minafin Group
Minafin is a global fine chemicals developer and manufacturer for pharmaceuticals, cosmetics and agriculture industries.
Headquarters
1435 Mont-Saint-Guibert, Belgium
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator Pennakem has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.