GFBiochemicals Ltd Overview
Company Headquarters: Geleen, Netherlands
Founded: 2008
Workforce: ~500
Company Working: GFBiochemicals Ltd (GFBiochemicals) engages in the production and distribution of levulinic acid and its derivatives. The company has an annual production capacity of over 10,000 tons of levulinic acid. The company caters to the solvents, resins and coatings, polymer and plasticizers, personal care, pharmaceuticals, agrochemicals, and biopolymer industries, among others. Through the GreenSolRes project, GFBiochemicals aims at converting lignocellulosic biomass into levulinic acid. The company has invested USD 8.70 million in this project, which is expected to operational by August 2020.
Strategy
GFBiochemicals aims at strengthening its production of levulinic acid through the successful implementation of projects such as GreenSolRes. The company is also focused on replacing petroleum-based products with levulinic acid.



