The Peel with Turner Novak cover image

How Solugen is Saving the $5 Trillion Chemical Industry (Co-founders Gaurab Chakrabarti & Sean Hunt)

The Peel with Turner Novak

NOTE

The Competency Bias in the Chemical Industry

It's made from just three molecules: ethylene, propylene, and benzene./nChemicals that cause cancer come from these three molecules./nSustainable alternatives are being sought after./nThe industry relies heavily on coal, natural gas, and oil./nThe chemicals industry is dominated by 50-year-old plants with low cost basis./nCompetency bias prevents better alternatives from competing./nPetrochemicals originated as a startup in the 30s, 40s, and 50s.

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