V factor- A new metric to gauge profitability of manufacturing processes

Several metrics have been formulated to evaluate the environmental impact of chemical manufacturing processes. However, there are no formulas for simplified, back-of-the envelope estimation of their efficiency of resource utilisation and profitability, which are hugely influential when it comes to determining investments and, for academic users, justifying research into new conversion technologies.

V-factor = (Cost of product)/ (Cost of reactant) × Fractional yield × Fractional dollar output of sector

For more details refer http://biobus.swst.org/index.php/bpbj/article/view/47/61

Strategy for making high value chemicals form lignin

The second generation biorefineries, pulp and paper companies struggle to deal with a quarter to a third of the biomass which is composed of lignin. They end up using the recalcitrant lignin for its fuel value.

However, much higher revenue can be generated by isolating high value platform chemicals from lignin. Here is a recent work, wherein, vanillin was selectively isolated from kraft lignins at room temperature, atmospheric pressure using a recyclable catalyst.

Isolation of phenolic monomers from kraft lignin using a magnetically recyclable TEMPO nanocatalyst , RSC Green Chemistry