Celtic Renewables
Celtic Renewables operates Scotland's first biorefinery in Grangemouth, using a patented ABE fermentation process to convert food, drink and agricultural by-products into bio acetone, bio butanol and bio ethanol for industrial B2B buyers in pharmaceuticals, personal care, paints and cleaning products.
- Company typePrivate
- Founded2011
- HeadquartersEdinburgh, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Celtic Renewables does
Celtic Renewables Ltd is a Scotland-based, privately held green chemicals company (registered in Scotland, company number SC394571) that commercialises a patented Acetone-Butanol-Ethanol (ABE) fermentation process to convert low-value by-products, residues and waste from the food, drink and agriculture industries into three high-value green chemicals: bio acetone, bio butanol and bio ethanol. The technology is supported by bespoke fermentation strain development, enabling the process to be localised to whatever by-products, residues and waste streams are available in a given geography, and the company positions its offering as delivering up to 65% carbon savings versus petrochemical equivalents. Celtic Renewables operates Scotland's first biorefinery — a 24/7 commercial demonstrator plant at 3 Caledon Green, Grangemouth (FK3 8TR) — and is shipping product to industrial B2B customers in pharmaceuticals, personal care, paints, household cleaning products, and vitamins/medicines. A flagship circular-economy feedstock partnership with Rosebank Distillery (now in its sixth year, with a three-year extension announced in April 2026) has processed over 4,600 tonnes of whisky pot ale to produce approximately 500 tonnes of chemicals annually.
The company's go-to-market is sales-led and enterprise-focused: prospective industrial customers reach out via the website contact form, a dedicated enquiries email, and phone, with quote-based, pay-as-you-go pricing negotiated per customer. Revenue today comes principally from direct sales of green chemicals; the company also signals intent to license its biorefinery build blueprints, technical and commercial know-how, and bespoke fermentation strains internationally, suggesting a future licensing and technology-transfer revenue stream. In December 2025 the company announced plans for a £120 million industrial-scale biorefinery at Grangemouth with ten times the capacity of its current operation, supported by £6.23 million from the Scottish Government, an additional £10 million from public and private sources (cumulative £16.23 million for the project), and approximately $9.49 million from the UK Department of Health and Social Care and Innovate UK. The expanded facility is targeted to create 149 jobs by 2030 and forms part of a broader Scottish Government-supported redevelopment of the Grangemouth industrial site alongside MiAlgae, with up to 460 new biotech jobs planned across the two anchor tenants.
Capitalisation is mixed public/private with founder involvement: the company was founded by Prof. Martin Tangney OBE (now Founder & Scientific Advisor), and is led by CEO Mark Simmers, Executive Chairman Brett Simpson, CFO Kerry Crawford, COO Jim Gibson, CCO Bettina Brierley, and CPO Kerry Johnson, supported by Heads of Manufacturing, Engineering & Projects, Technical/R&D, and Business Planning & Analysis. Current employee count is 11-50, with the senior leadership team reflecting the operational and commercial scale-up required for the £120 million build-out.
Celtic Renewables firmographics
Firmographics- Name
- Celtic Renewables
- Legal name
- Celtic Renewables Ltd
- Website
- https://celtic-renewables.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Celtic Renewables operates Scotland's first biorefinery in Grangemouth, using a patented ABE fermentation process to convert food, drink and agricultural by-products into bio acetone, bio butanol and bio ethanol for industrial B2B buyers in pharmaceuticals, personal care, paints and cleaning products.
- Ownership category
- akta.pro rank
Celtic Renewables industry classification
Industry- Product category
- Bio-based Green Chemicals
- NAICS
- Ethyl Alcohol Manufacturing (325193)
- SIC
- Medicinal Chemicals & Botanical Products (2833)
- akta.pro primary industry
- Bio-based Platform & Commodity Chemicals (e.g., bio-ethylene, bio-propylene, bio-BTX, bio-methanol) (EUAAAIAA)
- akta.pro secondary industries
- Bio-based Solvents & Process Chemicals (e.g., bio-acetone, bio-butanol, bio-IPA, green solvents) (EUAAAIAB), Biofuels & Renewable Fuels Switching (Biomethane/RNG, Bio-oils, Sustainable Biomass) (EUABAJAD)
Keywords
Where Celtic Renewables is headquartered
LocationHeadquarters
- HQ city
- Edinburgh
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Celtic Renewables business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Green chemical product sales: Celtic Renewables generates revenue by producing and shipping bio acetone, bio butanol and bio ethanol from its Grangemouth biorefinery to industrial buyers (pharmaceuticals, personal care, paints, cleaning products, medicines). Demonstrator plant runs 24/7 and is shipping to customers. New industrial-scale facility will have ten times the capacity of the current operation.
- Technology licensing and biorefinery build know-how: Indications that the company offers technical and commercial know-how, biorefinery build and operating blueprints, and bespoke fermentation strain development for opportunities across the globe, suggesting a future licensing / technology transfer revenue stream alongside chemical product sales.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Quote-based B2B sales of bio acetone, bio butanol and bio ethanol |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Celtic Renewables product offering
Product offeringCore offering
Celtic Renewables operates a patented Acetone-Butanol-Ethanol (ABE) fermentation process that converts low-value by-products, residues and waste from the food, drink and agriculture industries into high-value green chemicals — bio acetone, bio butanol and bio ethanol — produced and shipped commercially from Scotland's first biorefinery in Grangemouth.
Product overview
Celtic Renewables offers a vertically integrated biorefinery offering built around a single patented core technology — the ABE (Acetone-Butanol-Ethanol) Fermentation Process — combined with the Grangemouth Demonstrator Biorefinery production asset and three co-produced green chemical products: Bio Acetone, Bio Butanol and Bio Ethanol. The patented ABE Fermentation Process is the technological platform that converts food, drink and agricultural by-products and waste into chemicals; the Grangemouth Demonstrator Biorefinery in Scotland is the operational asset where that platform runs 24/7 at commercial scale, de-risking future growth; and the resulting Bio Acetone, Bio Butanol and Bio Ethanol are the named product outputs sold to customers in pharmaceuticals, personal care and other sectors, delivering up to 65% carbon savings versus petrochemical equivalents. A planned £120 million industrial-scale biorefinery, alongside extensions of feedstock partnerships such as the Rosebank Distillery pot ale supply, extend this core platform into a larger, multi-site biorefinery portfolio.
Differentiator
Problem solved
Functional benefit
Products and services
- Bio Acetone Bio-based acetone produced via patented ABE fermentation of food, drink and agricultural by-products and waste, displacing petrochemical acetone and delivering up to 65% carbon savings for industrial buyers in pharmaceuticals, personal care, paints and cleaning products.
- Bio Butanol Bio-based n-butanol produced through patented ABE fermentation of industrial by-products and waste, supplied to pharmaceuticals, personal care and industrial customers as a lower-carbon alternative to petrochemical butanol.
- Bio Ethanol Bio-based ethanol co-produced by the patented ABE fermentation process from food, drink and agricultural by-products and waste, used as a renewable chemical building block displacing fossil-fuel-derived ethanol.
Quantifiable outcome
- Up to 65% carbon saving versus petrochemicals
- +3 more outcomes
Companies that use Celtic Renewables
Customer profileSegments5 records
Ideal customer profiles4 records
Celtic Renewables technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Celtic Renewables partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship, core and minor.
- Rosebank DistilleryflagshipExtended circular-economy partnership under which Rosebank Distillery transfers pot ale by-products from its Falkirk site to Celtic Renewables' Grangemouth biorefinery. The partnership has now lasted over six years (with a three-year extension reported in April 2026) and has processed over 4,600 tonnes of by-product to produce 500 tonnes of chemicals annually, supporting sustainable waste management and circular economy practices.
- MiAlgaecoreMiAlgae and Celtic Renewables are co-located at the Grangemouth industrial site as the two major beneficiaries of a Scottish Government support package following the closure of Scotland's only crude oil refinery, with combined plans for up to 460 new biotech jobs by 2026-2030.
- Edinburgh Napier UniversitycoreEdinburgh Napier University is displayed on the Celtic Renewables website among its partners, supporters and awards; the company's founder Prof. Martin Tangney OBE has a long-standing association with the university and acts as Founder & Scientific Advisor.
- IBIOIC (Industrial Biotechnology Innovation Centre)minorIBIOIC logo is displayed on the Celtic Renewables homepage among its partners, supporters and awards, reflecting the company's association with Scotland's industrial biotechnology innovation ecosystem.
Scale indicators10 records
Recent moves8 records
Expansion highlights6 records
Celtic Renewables competitors and assessment
Company assessmentDirect peers
- Green Biologics: UK-based industrial biotech company producing bio-based n-butanol and acetone via fermentation routes, directly overlapping with Celtic Renewables' ABE product portfolio and target end-markets in chemicals and personal care.
- LanzaTech: Gas fermentation pioneer producing bio-ethanol and other chemicals from industrial waste gases, a directly adjacent carbon-negative fermentation platform competing for the same 'waste-to-chemicals' value proposition that Celtic Renewables sells into pharma and personal care.
- Gevo: US-listed renewable chemicals and biofuels company producing bio-isobutanol and sustainable aviation fuel via fermentation, directly comparable in product chemistry (butanol family) and in selling low-carbon drop-in chemicals into industrial buyers.
- Butamax Advanced Biofuels: Bio-butanol joint venture (originally BP and DuPont) developing and licensing bio-isobutanol technology, a direct competitor in the bio-butanol space that Celtic Renewables targets for blending and chemical applications.
Broad incumbents
- INEOS Bio: INEOS-owned bioenergy business that operated one of the world's first commercial-scale waste-to-ethanol facilities using a related ABE-style fermentation route, a broad incumbent with comparable technology heritage and much larger corporate backing.
- Cargill Bio Industrial: Diversified global ingredient and bio-industrial business producing bio-based solvents, acids and fermentation products at scale; competes with Celtic Renewables for the same industrial buyer accounts in personal care and pharma.
- BASF: Global chemical incumbent producing acetone, n-butanol and ethanol at massive scale and increasingly investing in bio-based alternatives; the principal incumbent competitor Celtic Renewables must displace in industrial chemical supply chains.
- Eastman Chemical Company: US-listed specialty chemicals producer with a growing bio-based and circular chemicals portfolio, a broad incumbent that competes for the same low-carbon solvent and chemical slots in personal care and pharma end-markets.
Regional players
- MiAlgae: Scotland-based biotech using fermentation to upcycle industrial by-products (including whisky co-products) into omega-3 for animal feed, co-located with Celtic Renewables at the Grangemouth industrial site and part of the same Scottish biotech cluster.
Others
- IBIOIC (Industrial Biotechnology Innovation Centre): Scotland's industrial biotechnology innovation cluster and ecosystem body, which already displays Celtic Renewables as a member/partner and provides industry-network, funding and policy access relevant to its scale-up.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Celtic Renewables social profiles
Digital presenceCeltic Renewables compliance and trust
Trust signalCompliance1 record
Celtic Renewables financial estimates
Financial estimateRevenue estimate
Valuation estimate
Celtic Renewables leadership team
Management profileNumber of profiles
Profiles11 records
Celtic Renewables funding detail
Funding detailFunding overview
Funding rounds10 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Celtic Renewables M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Celtic Renewables
What does Celtic Renewables do?
Celtic Renewables operates a patented Acetone-Butanol-Ethanol (ABE) fermentation process that converts low-value by-products, residues and waste from the food, drink and agriculture industries into high-value green chemicals — bio acetone, bio butanol and bio ethanol — produced and shipped commercially from Scotland's first biorefinery in Grangemouth.
Is Celtic Renewables a public or private company?
Celtic Renewables is a private company. It is classified as venture growth investor backed and is currently operating.
When was Celtic Renewables founded?
Celtic Renewables was founded in 2011. It employs 11 to 50 people.
Where is Celtic Renewables based?
Celtic Renewables is headquartered in Edinburgh, United Kingdom, in the Europe region.
How does Celtic Renewables make money?
Two revenue lines are on record. Green chemical product sales are the primary driver. The others are technology licensing and biorefinery build know-how.
Who are Celtic Renewables's main competitors?
Direct peers on record are Green Biologics, LanzaTech, Gevo and Butamax Advanced Biofuels. Broad incumbents are INEOS Bio, Cargill Bio Industrial, BASF and Eastman Chemical Company. MiAlgae is listed as a regional player. IBIOIC (Industrial Biotechnology Innovation Centre) is listed as an others.
Does Celtic Renewables have an API?
No public API is recorded for Celtic Renewables.
What industry is Celtic Renewables in?
Celtic Renewables's product category is Bio-based Green Chemicals. Its primary akta.pro industry code is EUAAAIAA, Bio-based Platform & Commodity Chemicals (e.g., bio-ethylene, bio-propylene, bio-BTX, bio-methanol), with a secondary code of EUAAAIAB, Bio-based Solvents & Process Chemicals (e.g., bio-acetone, bio-butanol, bio-IPA, green solvents). Its NAICS code is 325193 and its SIC code is 2833.