Fossil resources such as crude oil and natural gas are currently still indispensable as starting materials for the production of basic chemicals. However, in view of global population growth and rising living standards, the current oil-based economy is reaching its limits, especially with regard to climate-relevant environmental aspects. For example, the use of fossil raw materials has contributed significantly to an increase in atmospheric carbon dioxide or the littering of the oceans. And the availability of fossil resources is limited.
Biomass represents an alternative and renewable raw material basis for the production of chemical products. Its use and conversion is the basis of a biobased economy, in short bioeconomy. The aim is to bring economy and ecology into harmony to the greatest possible extent – in other words, to make processes both environmentally compatible and economical so that new processes can be applied on a large scale as quickly as possible. If renewable raw materials, biogenic residues – or directly carbon dioxide (CO2) – are used instead of fossil carbon sources for the production of chemicals, this helps to reduce greenhouse gas emissions and protect the climate, thus enabling the implementation of sustainability goals in the sense of a sustainable bioeconomy in the future.