The Minnesota Soybean Processors (MnSP) has invested in Ontario, Canada-based Altranex Corporation and entered a license and marketing agreement for renewable lubricant base oils, waxes, diesel and other products using soybean oil as feedstock. The biorefinery will use Altranex’s patented electrolysis process. Altranex is currently building a pilot biorefinery in Ontario that will produce 1 … Continue reading
Elevance Renewable Sciences, Inc. expanded its customer support and service capabilities for Elevance Aria™ WTP 40 synthetic base stock customers in the United States and Europe through a collaboration with E-360, Inc. E-360’s presence in Europe significantly expands Elevance’s ability to respond to customer needs for its new synthetic base stock — from initial interest … Continue reading
I wonder how long the petrochemical industry had perfected its processing technologies before it was able to reach an economical, efficient level? Unfortunately, investors today are not too forgiving when new, untested technologies from public companies are facing commercialization challenges. Solazyme is now going through this stage and their stocks had plunged from $11.79 a … Continue reading
Algal oils producer, Solazyme, has expanded its algal oil supply agreement with specialty chemicals company, AkzoNobel, with a new five-year supply of up to 10,000 tons/year of Solazyme’s Tailored™ algal oil for surfactant production pending successful joint product development. The parties expect that the algal oil under the joint development agreement would be able to … Continue reading
Hello readers of the blog. I am back from vacation but I think I need another one as I go through my emails today. That being said, this email from Elevance Renewable Sciences is another good news from the company as it announced today its new 25:75 biorefinery collaboration with Genting Plantations Berhad through Genting … Continue reading
California-based Biosynthetic Technologies, in partnership with catalyst chemistry company Albemarle, started operations of their biosynthetic oils demonstration production plant within Albemarle’s existing Baton Rouge facility. Working with the USDA, Biosynthetic Technologies has developed a new, high performance, bio-based “drop-in” synthetic oils known as estolides as alternative to petroleum used in motor oils and industrial lubricants. Biosynthetic … Continue reading