products, chemically identical to petroleum-based aromatics, are used to make important plastics such as polyester (polyethylene terephthalate or “PET”), polystyrenes, polycarbonates, nylons and polyurethanes that ultimately are transformed into consumer goods such as beverage bottles, food packaging, clothing, footwear, carpeting, automotive and electronic components, and more.

Anellotech's ultimate competitive advantage is its use of a one-reactor catalytic process. Also, by using renewable and readily available non-food inputs, such as wood, corn stover and bagasse, the Bio-TCat™ process is less expensive than to processes relying on sugar as a feedstock, and avoids competition with the food chain. As a result, these renewable-sourced chemicals are expected to be produced and sold profitably against identical, petroleum-derived BTX counterparts.