Acronym Index
A glossary of common acronyms in the database.
| Acronym | Expansion |
|---|---|
| ADMT | Average daily market turnover |
| Bio-BTX | Plant-based benzene, toluene and xylenes (bio-BTX) – building block chemicals for plastics, fibers, packaging, etc. |
| BTU | British Thermal Unit |
| CAPEX | Capital Expenditures |
| CLT | Cross laminated timber |
| CNC | Cellulose nanocrystals – derivative of cellulose, obtained from wood |
| CNF | Cellulose nanofibers – wood-derived fiber |
| FDCA | Furan dicarboxylic acid – building block chemical for biobased plastics |
| FSC Certified | Forest Stewardship Council – FSC certification is considered the "gold standard" designation for wood harvested from forests that are responsibly managed, socially beneficial, environmentally conscious, and economically viable. |
| FTE | Full-time equivalent |
| GAAP | Generally accepted accounting principles |
| GPY | Gallons per year |
| GREET | (Greenhouse gases, Regulated Emissions, and Energy use in Transportation) is a full life-cycle model sponsored by the Argonne National Laboratory (U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy) |
| HCL | Hydrochloric acid – used to break down biomass into its building block components |
| IPO | Initial Public Offering |
| JV | Joint Venture |
| KTA | Kilo tons per annum (kilotons per year) |
| MDF | Medium density fiberboard |
| MEG | Mono ethylene glycol – building block chemical for PET |
| MGPY | Million gallons per year |
| MM | Million metric |
| MOU | Memorandum of understanding |
| MSP/MSW | Municipal solid waste |
| OPEX | Operating Expenditures |
| PEF | Polyethylene 2,5-furandicarboxylate or polyethylene furanoate - a chemical building block for FDCA, MEG |
| PET | Polyethylene terephthalate – thermoplastic resin used for fibers in clothing, kitchenware, resins, etc. |
| PHA | Polyhydroxylalkanoate – ocean biodegradable bioplastic |
| PLA | Polylactic acid – biodegradable polymer that can be used to produce plant-based plastics |
| RFI | Request for Information |
| ROI | Return on Investment |
| SAF | Sustainable aviation fuel |
| TPD | Ton per day |
| USDA | U.S. Department of Agriculture |
Have questions? Please reach out to info@biobasedmaine.org.
This database was developed through sponsorship from the Maine Technology Institute,
and with input from FOR/Maine project partners
