Catalyxx, which runs a demonstration plant and R&D centre in La Rinconada near Seville and is led by founder and chief executive Joaquín Alarcón, has a non-fermentative catalytic process that converts bioethanol into bio-based butanol, hexanol, octanol and decanol, chemically identical to the fossil versions used in paints, adhesives, solvents and cosmetics. Its EIC Accelerator project, RenewChem, "First of a kind bio n-butanol industrial facility", receives an EU contribution of €2,495,625 and ran from September 2024 to September 2026, according to CORDIS. It centres on a first-of-a-kind commercial plant with capacity of 30,000 tonnes a year.
The first report says engineering and design of the reactor, distillation units and infrastructure were advanced into a compact, near effluent-free design, and an environmental impact assessment was prepared, readying the project "for the construction phase", according to CORDIS. In April 2025 Catalyxx announced a European Investment Bank pre-approval for a first plant "located in France", according to Catalyxx. In June 2026 it won a €20 million grant from the Circular Bio-based Europe Joint Undertaking for RenewChem, with Arkema and Evonik in the consortium, and in July 2026 it named Sines, Portugal, as the site of a €120 million plant with national interest status and key environmental approvals, according to Catalyxx.
Company file
- Legal entity
- Catalyxx Procesos Catalíticos SL, La Rinconada (Seville)
- Founder and CEO
- Joaquín Alarcón
- Plant company
- Catalyxx Ibérica, Sines, Portugal
- Partners
- Arkema, Evonik, Technip Energies
- Debt
- €3M, Axon Desarrollo Andalucía (2025)
- Other public funding
- €20M CBE JU; EIB pre-approval
- EIC funding
- Blended finance, €2.5M grant
Where Catalyxx Stands Now
Catalyxx says its Seville demonstration plant validated the process under continuous operation. In 2025 it signed a partnership with Arkema, which is evaluating its bio-alcohols for bio-based acrylic resins, according to Catalyxx, and it took €3 million of debt from Axon's Andalusian fund backed by the EIB and the regional government. It joined Greentown Go Make's 2026 cohort with Shell and Technip Energies. The plant's full financing and a final investment decision have not been announced. Its Spanish accounts were not accessible in free sources.
"Securing this level of European support validates both the strength of our technology and the relevance of our industrial strategy."
Joaquín Alarcón, CEO of Catalyxx, June 2026The Technology: Upgrading Ethanol Catalytically
These chemical intermediates are traditionally derived from fossil sources, Catalyxx says. Its proprietary catalytic process converts bioethanol directly into longer-chain alcohols without fermentation, which it says makes the process cost-competitive and oil-independent. Because the products are identical to fossil ones, customers can switch without changing formulations. The company projects about 100,000 tonnes of CO₂-equivalent avoided and more than 600 jobs from the first plant.
What the EIC Award Promised, and What the Record Shows
The project ended on 30 September 2026. It delivered engineering, environmental preparation and a site with approvals, making the plant ready for construction. The plant itself, the "industrial facility" in the project's title, is not built, and the site changed country during the project.
- Plant engineeringDeliveredTechnip Energies.
- Site and permitsSecuredSines, PIN status.
- Plant financing closedPartial€20M grant of €120M.
- Plant builtNot startedNo construction news.
The Money
The €120 million plant needs far more than the grants and debt announced so far. The award was blended finance; no EIC Fund investment has been announced, and the EIB's pre-approval referred to a French site.
What Cannot Be Checked
Questions for the EIC
Whether the EIC Fund invested, why the plant moved from France to Portugal, whether the EIB financing followed it, how the remaining plant cost will be financed, and when construction will start are not public.
Why Europe Should Care
The EIC report ties RenewChem to decarbonising Europe's chemical industry and its security of supply. The participation of Arkema and Evonik gives the project industrial customers. The plant will be in Portugal rather than Spain, where the technology was developed.
What the award promised
A first-of-a-kind industrial bio n-butanol facility.
What the record shows
A construction-ready plant with site, permits and €20M grant; not yet built.
The Verdict
Ready to build, not yet building
Catalyxx has done the groundwork and drawn big partners. It now has to finance and build the plant.
Catalyxx and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.
