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Economic Impact of US Biobased Products Industry

The US Department of Agriculture (USDA) released its 2019 Economic Impact Analysis of the US Biobased Product Industry celebrating the USDA’s 10th anniversary of the creation of its Certified Biobased Product Label. Established in 2011 underneath USDA’s BioPreferred Program, the Certified Biobased Product Label is intended to spur economic development, create new jobs and provide new … Continue reading »

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lululemon invests in renewable materials

US athletic apparel company lululemon Athletica Inc. has been very busy these past two months partnering all the way up in the company’s raw material supply chain.  The company released its first Impact Agenda in October last year with a goal to make 100% of its products from sustainable materials by 2030.  By 2025, lululemon … Continue reading »

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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 »

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UN IPCC releases latest climate change report

I’ve seen so many references on social media about this new report from the United Nation’s Intergovernmental Panel on Climate Change (IPCC) which released the first instalment of its 6th Assessment Report (AR6). The report will be completed in 2022. Created in 1988 by the World Meteorological Organization (WMO) and the United Nations Environment Programme (UNEP), the … Continue reading »

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