At present, the global market for butylene glycol is about 4 billion U.S. dollars

American Genomatica announced on February 27 that it plans to establish a bio-1,4-butanediol (BDO) project in Asia with a joint venture with Japan's Mitsubishi Chemical Corporation. In April 2011, both parties signed a memorandum of understanding for the joint venture to build the first commercial-scale bio-BDO plant in Asia. At present, the global market for butylene glycol is approximately US$4 billion.

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