PET

This tag is associated with 33 posts

Bioplastics to enter 2023 with a strong capacity surge

I’ve written a special report about the bioplastics industry this month based on the European Bioplastics’ recent annual conference held in Berlin and the release of their industry data which was compiled by nova Institute. This report is only available for Tecnon OrbiChem’s Bio-Materials subscribers, but anybody can access the European Bioplastics Association’s press release … Continue reading »

Bio-based commodity chemicals in the spotlight

Will rising crude oil price again accelerate the investments for the commercialisation of bio-based chemicals especially for drop-in commodities? This month alone, sugarcane ethanol-based ethylene producer Braskem announced the establishment of a joint venture company with Japan-based Sojitz Corporation to produce biomass-derived monoethylene glycol (MEG) and monopropylene glycol (MPG).  The companies plan to make a … Continue reading »

Origin Materials chose Louisiana for 1st world-scale facility

Origin Materials announced yesterday that Geismar, Louisiana will be the location of its first world-scale manufacturing facility called Origin 2.  Origin 1 is currently being constructed in Sarnia, Canada. Both facilities will produce chloromethylfurfural (CMF) and hydrothermal carbon (HTC) using wood residues. Smaller quantities of furfural and levulinic acid come from the degradation of cellulose … Continue reading »

Indorama Ventures to buy Brazil-based Oxiteno

Indorama announced on Monday that it will acquire Oxiteno, the chemical subsidiary of Brazilian fuel company Ultrapar Participacoes SA, for $1.3 billion, subject to adjustment and closing, with a deferred payment of $150 million in 2024. The transaction is expected to close in Q1 2022. Oxiteno is an interesting acquisition for Thailand-based Indorama Ventures not … Continue reading »

Avantium’s bio-glycols in polyesters and deicers

Avantium announced this week that it has completed the application validation for its plant-based glycols plantMEG™ (monoethylene glycol) and plantMPG™ (monopropylene glycol) produced in Avantium’s Ray Technology™ demo plant in Delfzijl, the Netherlands. Key applications include polymerisation to PEF and PET polyesters and functional fluids used for de-icing and heat transfer. In 2020, Avantium successfully … Continue reading »

Avantium in FDCA deal; releases 2030 Sustainability Plan

Avantium announced on February 9 that its subsidiary, Avantium Renewable Polymers, signed a patent license agreement with Eastman Chemical Company for the right to operate under Eastman’s FDCA-related patent portfolio. Now the press release just really contains three paragraphs but this is loaded news when you get the implication of a cost-economic production of FDCA … Continue reading »

Origin Materials going public

Deals with special purpose acquisition companies (SPAC) seem to be the favourite route these days for bio-based chemical start-ups to shorten the timeframe of the cumbersome IPO (initial public offering) process. The blog reported last month Danimer Scientific’s debut at the New York Stock Exchange after going through a similar process with Live Oak Acquisition … Continue reading »

Strong growth for bioplastics in 2020

The renewable chemicals and bioplastics markets have been surprisingly strong and very active in terms of investments this year amid the global COVID-19 pandemic. At the 4-day 15th European Bioplastics (EUBP) Conference that virtually took place earlier this month, the organization reported its annual market update noting that the global bioplastics production capacity is set … Continue reading »

Stora Enso enters the FDCA market

The market for furandicarboxylic acid (FDCA) is getting more traction with new players entering this space. Stora Enso announced on December 10 that it is investing EUR 9 million to build a pilot facility to focus on developing a cost-competitive process for manufacturing FDCA from sugars. FDCA is a key component of the bio-based barrier … Continue reading »

VIDEO: Anellotech explains Bio-TCat technology

Here’s another interesting video explaining Anellotech’s bio-based aromatics production technology called Bio-TCat. Last month, Anellotech announced the proven viability of its process after achieving commercially-targeted yields ints its TCat-8 pilot plant in Silsbee, Texas, during six months of continuous process operations. The Bio-TCat™ reactor produces a liquid product containing over 98% C6+ aromatic chemicals directly … Continue reading »

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