Methodology for biorefinery portfolio assessment using supply-chain fundamentals of bioproducts
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AbstractGiven the emergence of innovative processes in recent years for the manufacture of bioproducts from secondgeneration biomass, a range of unique biorefinery strategies are likely to be implemented by forest product companies in the coming years. No matter what biorefinery strategy is employed, to compete in the longer term, it will be critical to have a supplychain adapted to the targeted products. In order to meet customer needs and at the same time be costcompetitive, there are tradeoffs to be made between responsiveness and efficiency in several areas of the supply chain, such as production and customer service. This paper reviews supplychain characteristics and competitive factors for various bioproducts. An approach that can be used by decisionmakers during earlystage design is presented, suitable for screeningout less promising options based on their supplychain characteristics. Fundamental aspects such as the differentiation of products, their possible green advantage, biomass procurement, and process characteristics are discussed within five categories: bioenergy, biofuels, commodity biochemicals, fine and specialty biochemicals, and biomaterials. Several examples of biorefinery strategies are discussed to illustrate these concepts.
