Draths Corporation is a chemical company focused on manufacturing biobased materials for everyday products through eco-friendly and cost-effective methods. Their technology platform allows for the production of intermediates used in the creation of nylons, plastics, and various other materials, distinguishing them from biofuel producers and other segments of the carbon-based chemical industry. It was founded in 2005 and is based in Okemos, Michigan.
Expert Collections containing Draths
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Draths is included in 1 Expert Collection, including Advanced Materials.
Companies in the advanced materials space, including polymers, biomaterials, semiconductor materials, and more
Latest Draths News
Jan 20, 2012
By Doris de Guzman on 20 January, 2012 in Company initiatives It does seems like more and more M&A’s and buyouts are emerging in the renewable chemicals sector. Eastman bought bio-butanol developer TetraVitae Bioscience , Amyris bought Draths , PTT Global Chemical bought 50% of NatureWorks , and now bio-butanol developers Green Biologics (based in the UK) and butylfuel (based in the US) decided to merge their companies which will operate under the Green Biologics name headquartered in Abingdon, UK. The blog is not really that familiar with butylfuel™ LLC but it described itself as a biorefining and industrial biotechnology company focused on producing high value C4 chemicals, fuels and energy from renewable carbon resources. The company was founded on 1991 when founder, David Ramey, began his efforts to publicize the potential of biobutanol as an alternative fuel. butylfuel LLC operates a 1,100 liter pilot facility near Columbus, Ohio, specializing in the development of bio-butanol and butyric acid via fermentation. Green Biologics, meanwhile, has been focusing as well on n-butanol, acetone and butyric acid.GBL was founded in 2003. GBL said it has three projects underway in China focusing on molasses and corn by-product feedstocks. In India and Brazil, GBL’s focus is molasses, cane and bagasse while in North America, the focus is on both starch-based and cellulosic feedstocks. “GBL aims to work closely with key customers and collaboration partners in the value chain to manage an orderly entry into large global markets. Butanol and its derivatives are key intermediates in the production of paints, coatings, adhesives and inks, an $85 billion global market. Butyl acrylates are also used in the $700 billion global plastics and polymers market.” The merged Green Biologics will continue to focus on C4 chemicals and fuels development using renewable feedstock primarily waste and ag-byproducts, and patented biocatalysts from engineered Clostridia strains. Biofuels is also a strategic driver for GBL but the company said its immediate market focus is on butanol and C4 chemicals. GBL’s UK pilot plant addthis_pub = ‘greenchicgeek’;
Draths Frequently Asked Questions (FAQ)
When was Draths founded?
Draths was founded in 2005.
Where is Draths's headquarters?
Draths's headquarters is located at 2367 Science Parkway, Okemos.
What is Draths's latest funding round?
Draths's latest funding round is Unattributed.
How much did Draths raise?
Draths raised a total of $23.5M.
Who are the investors of Draths?
Investors of Draths include Khosla Ventures, Presidio Partners and TPG Growth.
Who are Draths's competitors?
Competitors of Draths include Geno and 4 more.
Compare Draths to Competitors
Plaxica is a technology and licensing company focused on the production of next generation biopolymers and platform chemicals from renewable resources. Plaxica's technology allows high performance polylactic acid (PLA) to replace traditional polymers produced from oil. It enables the manufacture of a range of PLA polymers and intermediates, important as replacements for today's petrochemical products as part of a more sustainable future. Plaxica's developments enable a breakthrough in both the cost and performance of PLA. The Plaxica materials have superior physical properties compared with first generation biopolymers, and they can be produced more economically. They are designed to be fully recyclable and to have a small environmental footprint. Applications for Plaxica's PLA-based materials will be varied, and early opportunities exist in the textile, automotive, electronics, household and packaging sectors. Advanced PLA polymers are likely to compete effectively with conventional oil-derived products including PET, polypropylene and polystyrene. Plaxica partners with – and will license its technology to – the leading players in the PLA market.
ETB Catalytic Technologies develops a single-stage process for producing butadiene from ethanol using a polyfunctional catalyst. It enables bio-plastic and bio-rubber for tires. The company was founded in 2013 and is based in Geleen, Netherlands.
Plasticos Hidrosolubles specializes in the production of water-soluble, biodegradable, and compostable plastic solutions within the sustainable materials industry. The company offers a range of products including films, bags, injection-molded items, and 3D printing filaments that dissolve in water at various temperatures without leaving any residue. These products are designed to decompose into natural elements through the action of biological agents, aligning with environmental sustainability goals. It was founded in 2003 and is based in Valencia, Spain.
Biolive focuses on environmental sustainability and operates in the biotechnology and chemical technology sectors. The company designs and develops the production process for bio-based plastics from olive seeds and also produces bio-based granules. Biolive primarily serves the sustainable materials industry. It was founded in 2017 and is based in Istanbul, Turkey.
Zea2 is a company that operates in the biotechnology sector, focusing on the development and scale-up of fermentation processes. The company's main services include taking non-food plants such as wood and grasses and converting them into chemical building blocks like organic acids, acetates, and esters. These are then used to create a variety of consumer products, including plastics, paints, solvents, and can also be converted into transportation fuels like ethanol, jet fuel, diesel, and gasoline. It was founded in 2002 and is based in Boardman, Oregon.
BioEnergy International is a privately-held science and technology company operating in the renewable energy sector. The company's main offerings include the development and commercialization of next-generation biorefineries for the production of high-value bio-based chemicals and fuels from renewable feedstock. This is achieved through the use of its proprietary biocatalyst technology, which transforms hydrocarbon-based manufacturing processes across various industries. It is based in Quincy, Massachusetts.