Elevance Renewable Sciences operates in the specialty chemicals market, focusing on transforming renewable plant oils into high-performance chemicals. The company serves a variety of clients across multiple industries, including cleaning, coatings, oilfield chemicals, and personal care. Elevance leverages a Nobel Prize-winning olefin metathesis catalyst to convert natural oils into a diverse portfolio of products. Their business model revolves around the production and sale of these innovative, bio-based chemicals, which offer superior performance and sustainability compared to traditional petrochemical-based products. Revenue is generated through the direct sale of these specialty chemicals to industrial clients who prioritize high performance and environmental sustainability.

Keywords: renewable, plant oils, high-performance, chemicals, olefin metathesis, bio-based, sustainability, industrial, specialty, innovation.