Industrial biotechnology improves production of building block chemicals used in everyday products, saving energy, lowering costs, and reducing pollution from manufacturing. The Biotechnology Industry Organization (BIO) today congratulated member companies Genomatica Inc. and BioAmber Inc on receiving Presidential Green Chemistry Challenge Awards.

"Industrial biotechnology is the most promising path to efficient, clean production of chemicals and biofuels. It is already being used to produce everyday products more efficiently, to replace fossil resources with renewable ones, and to clean the environment," said Brent Erickson, executive vice president of BIO's Industrial & Environmental Section. "BIO congratulates our members who have been recognized through the Presidential Green Chemistry Awards for their pioneering advances in applying industrial biotechnology to green chemistry. Their achievements show that more widespread adoption of industrial biotechnology processes can help establish a new path for sustainable economic growth and job creation, without continued reliance on foreign oil."

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Genomatica Inc.
BioAmber Inc.