+Licensing the patented production process from Genomatica

+Targeting large scale commercial production of renewable butanediol

+Further enhancing BASF’s portfolio with a renewable-based product

The license agreement allows BASF to build a world-scale production facility that will use the Genomatica process to manufacture BDO based on renewable feedstock. Under the terms of the agreement, Genomatica will continue to advance its patented renewable BDO production process technology based on sugars while BASF will produce renewable BDO, which will be available in the second half of 2013 for sampling and trials.

“We chose the Genomatica process because we consider it to be exceptionally advanced and reliable,” said Sanjeev Gandhi, President of BASF Intermediates division, and added: “In line with our ‘We create chemistry’ strategy, we aim to offer renewable BDO and create additional value for our customers, in the plastics, textile and automotive industries.”

“We are pleased to cooperate with BASF, the leading global BDO manufacturer with a worldwide manufacturing and sales network and many years of market experience,” said Christophe Schilling, Chief Executive Officer of Genomatica, and continued: “This agreement highlights Genomatica’s commitment to delivering innovative process technologies to the global chemical industry.”