Biobased chemicals-makers expand share of chemical market

04/15/2012 | CNBC

Renewable-chemicals producers are making headway in the U.S. market with biobased offerings that are considered "drop-in" replacements for some petroleum-based products. "Renewable chemicals can be considered to de-risk the chemical supply chain from persistently high petroleum costs," said John Quealy, an analyst at Canaccord Genuity.

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