Located in Madison, Wisconsin, Virent is working to commercialize its BioForming® technology to create the fuels and chemicals the world demands from a wide range of naturally occurring, renewable resources. Using patented catalytic chemistry, Virent converts bio-based sugar feedstocks into products molecularly identical to those made from petroleum. Virent’s technology can produce a range of fuel products including gasoline, diesel, and jet fuel, as well as chemicals used for plastics, fibers and films. Virent is a wholly-owned subsidiary of Marathon Petroleum Corporation and has key strategic relationships in place with Johnson Matthey, BP, Toray Industries and others to accelerate the commercialization of its technology.
Virent has received numerous honors, including the World Economic Forum Technology Pioneer award, the ICIS Innovation Award, the Wisconsin Companies to Watch Award, the Red Herring Top 100 North America Award and the EPA’s Presidential Green Chemistry Challenge Award.