GLOSSARY

Antimicrobials – Substances that destroy or inhibit the growth of micro-organisms such as bacteria, fungi and viruses.

Catalyst – A substance that enables a chemical reaction at a usually faster rate or at a lower temperature than otherwise possible without being consumed in the reaction.

Cleantech – A business model utilizing technology to improve performance and productivity while reducing costs, energy consumption or waste, and environmental impact.

Green – Environmentally friendly, resource responsible.

Feedstock – A raw material such as soybean, canola, corn and sunflower.

Fossil-based oils – Oil produced from the remains of organisms in the earth's crust with high carbon and hydrogen content; petroleum oil.

Functional oils – Oils used for personal care and cosmetics, candles, coated paper and packaging, solvents and adhesives.

Lubricants – A substance used to reduce friction and wear; the most common industrial lubricant is motor oil.

Olefin metathesis – A chemical reaction where the bonds between different atoms are broken and new bonds are formed; in olefin metathesis the carbon bonds change places.

Petrochemical – A chemical derived from petroleum or natural gas.

Plant-based oils – Oils derived from plants such as soybean, canola, corn and sunflower.

Renewable – Natural resources that can be replenished at a rate comparable or faster than the rate of consumption through sound management practices.

Sustainable – A process or state that can be maintained at a given level indefinitely.

Toll manufacturing – Manufacturing service provided to other companies leveraging existing capital and infrastructure for a volume-based fee.