The economic and marketing possibilitiesof industrial production of chemicals and/or proteins by utilizing waste liquor from processes at pulp mills or bark and needles was investigated. A survey of known processes for such production is given. The costs of producing several chemicals and proteins were estimated and compared with costs of producing these products via petrochemistry. The present as well as the future market of the different chemicals and of proteins were estimated. The present investigation was performed due to the rapidly increasing oil prices.