High Value Products
Oakbio’s primary products include animal feed, n-butanol and PHA bioplastics. The market for animal feed is huge: $400B, excluding aquaculture; $122B for aquaculture, and $21B for feed additives/nutraceuticals. By 2050, meat and dairy production is predicted to double and fish farming to triple. Much of the feed market is currently met by fish meal made from wild caught fish such as anchovies, herring, capelin, and menhaden. Overfishing is rapidly depleting this resource as well as driving up fishmeal’s price. Oakbio is actively developing a product for this market. n-butanol is currently made from petrochemicals and has a current market size of about $10 billion. It’s a key ingredient in making acrylic plastics and other polymers. It has an octane rating of 87 and can be used as a direct substitute for gasoline but with fewer emissions due to its low vapor pressure and cleaner combustion. PHA bioplastics are projected to be a $30 billion market by 2030. These plastics are 100% biodegradable and marine degradable. High biocompatibility makes PHAs of particular interest in medical applications.
Versatile Process and Products
Oakbio’s process can accept a wide range of carbon sources – industrial flue gases, agricultural waste, municipal waste and chemical waste. We have developed diverse, adaptable microbial platforms for converting this carbon into useful products. The microbes and process are adjusted depending on the source of carbon and desired products. The process is protected by existing and pending patents.
Efficient Capture and Conversion of Waste Carbon
Oakbio’s microbes utilize highly efficient metabolic pathways for fast growth, high cell density and high productivity. All of Oakbio’s microbes are aerobes (i.e., they grow in oxygen), allowing for utilization of simple and relatively low cost bioreactor designs and the direct capture of oxygen-containing carbon streams that other processes cannot use. Unlike the photosynthetic microbes employed by our competitors, Oakbio’s microbes utilize hydrogen for their energy source, allowing the bioreactor to operate 24/7 in the dark. The process can reduce CO2 below atmospheric levels.
Validated in Real, Industrial Conditions
Oakbio’s processes have produced high levels of n-butanol and PHA bioplastics from industrial carbon streams that include normally toxic gases like SOx, NH3, NOx, H2S, and CN. In contrast, microbes developed on pure, laboratory CO2, used by many companies, may be poisoned when exposed to raw industrial flue gases.