Kiverdi



Kiverdi is an advanced sustainable oils and chemicals company developing disruptive, drop-in replacements to oleochemicals and petrochemicals using our proprietary Carbon Engineering™ Platform, a bioprocessing technology capable of converting low-cost, abundant waste carbon into high-value chemicals at a fraction of the cost of current approaches, making our products a particularly interesting proposition in the $375 billion market for personal and household care products where customers are demanding cost-competitive, sustainable, higher-performing alternatives.

Kiverdi’s Carbon Engineering™ Platform, the cornerstone of the company's innovative strategy, is feedstock flexible. It can capture gases otherwise flared into the atmosphere producing not just oils but opportunities for reducing greenhouse gases, meeting emissions compliance requirements, and creating value for dischargers of industrial waste gas. The platform is equally capable of converting gasified carbon waste in the form of syngas generated from a variety of feedstocks into high-value oils and oil-based chemicals. It does so while simultaneously addressing the growing problem of waste management resulting from 134M tons of landfill, 170M tons of agricultural waste and 60M tons of forest waste generated in the United States each year.

Compared to the industry norm, Kiverdi is capable of converting manufacturing waste and syngas into high-value oils and chemicals faster, better, and cheaper. At commercial scale, Kiverdi’s operating expenditures are expected to be 65% lower than currently available sugar-derived oils and its capital expenditures are expected to be 50%-75% lower than that needed to produce products requiring chemical catalysts. Our highly selective biochemical platform maximizes production of the desired oil-based products, enabling Kiverdi to capture 2x-5x greater value than chemical catalyst, and Kiverdi’s oil yield is 5x-10x higher than other microbial gas-to-liquid technologies. But what’s truly groundbreaking is the fact that the platform is not limited to producing short-chain molecules, such as ethanol and butanol. Kiverdi’s platform is able to produce mid- and long-chain, higher value oils and chemicals, such as palm oil and other oleochemical replacements.  The potential scale of Kiverdi’s innovation is considerable given that palm oil and other oleochemicals are the key ingredients of a wide range of products, such as personal care products, detergents, coatings, and biomaterials. Market analysts point to the development of bio-based surfactants as a key trend in the global, specialty surfactant market, due to increasing environmental awareness and regulatory support for sustainable products, particularly in Europe and North America. Our technology can also transform waste carbon into fuels and fuel additives for the diesel, jet, and automotive transportation industries. 

Kiverdi’s technology is proprietary and our sustainable competitive advantage comes from our IP position, including our proprietary microbes and our flexible, custom-designed Carbon Engineering™ Platform. Kiverdi has several patents pending on its microorganisms, bioprocess and microbe engineering platform that enables the production of drop-in and custom oil-derived chemicals and fuel. Kiverdi also has joint IP with the Lawrence Berkeley National Laboratories, (owned by Kiverdi) where analysis was completed to confirm that our microbes produce targeted oil and hydrocarbon molecules at an oil yield potential of over 70%. Kiverdi’s broad and enabling IP estate provides freedom to operate and gives us an offensive/defensive tactical advantage which we aim to aggressively leverage to produce superior chemicals at a lower cost and with increased pricing and supply stability than currently available petroleum- and oleochemical-based solutions. We have demonstrated capital-efficiency in our approach to commercialization and have achieved strong productivity results using a fraction of the capital that is typical in our industry.

Where others see challenge, we see opportunity. At Kiverdi, we start by addressing the dual problems of waste management and price volatility of chemicals by utilizing biomass as a feedstock. The benefits of using gasified carbon waste as a raw material are numerous. Waste carbon is not subject to the wild price fluctuations, supply disruptions or geopolitics associated with petrochemicals. But what differentiates us from our competitors in the biomass-to-chemicals’ arena, is the ability of our Carbon Engineering™ Platform to produce both mid- and long-chain molecules, allowing for the production of drop-in replacements to palm oil and other oleochemicals. The result: The opportunity to avoid the environmental devastation and food vs. fuel dilemma characteristic of the raw materials used today to produce personal and household care products. Notably, the combination of low-cost feedstock, high conversion efficiency, and high-value end products enables Kiverdi to offer a sustainable alternative that is not only cost-competitive, but, in fact, profitable.


Why California is home

California is uniquely positioned as a world leader in technology innovation and environmental policy. For Kiverdi, being located in California means access to the best biotechnology resources and people, exposure to fortune 500 companies, and a tail wind in the form of our state’s commitment to environmental sustainability. One example of this tail wind comes in the form of California’s AB32 legislation, aimed at mitigating CO2 emissions. Under this legislation, Kiverdi has formed a partnership with the California Energy Commission to speed the commercialization of a technology that converts carbon waste into high value chemicals. Being located in California has also given Kiverdi access to top-notch academic collaborators at Lawrence Berkeley National Laboratory, reducing our timelines for commercialization scale-up and ensuring that we remain at the technology forefront. Finally, Kiverdi believes that development in California places it in an environment where important partnerships can be made with established corporate players and other pioneers in sustainable products. As Kiverdi moves toward its commercialization goals, being located in California provides us with confidence that we will continue to push the boundaries of technology innovation. 


For more information, please visit: http://www.kiverdi.com/