01 Oct 2018 --- The industry demand for competitive alternatives to petrol-derived molecules is gaining traction, despite recent market pressures, according to Renmatix, a leader in affordable cellulosic sugars. To serve this growing consumer need, Renmatix is intersecting with its hydrolysis technology and ingredient called Simple Cellulose. The company's most recent funding in 2016, was a US$14 million investment, led by Bill Gates.