Company initiatives
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Rennovia starts 1,6 HDO pilot production
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As I’ve mentioned in my previous post, there had been so many news late last month that it was hard to catch up. I am about to have my first 2017 vacation tomorrow, so I am trying to post a…
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Got QMilch? An interview from Bio-Based World News
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This is the first time I’ve heard of this Germany-based start-up company called QMilch and Bio-Based World News was kind enough to share their interview (by Emily Dowd) with the blog. The company is using waste milk to create textile…
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IEA finds CO2 emissions flat for third straight year
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I’m copying IEA’s press release word for word as I believe this is an interesting article to read. Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to…
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Avantium IPO raises €103 M on Euronext
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Avantium has successfully raised €103 million from its initial public offering (IPO) on Euronext Amsterdam and Euronext Bruxelles, and was reportedly oversubscribed multiple times, according to European venture capital firm, Soffinova Capital IV, the main shareholder after the IPO. Avantium’s…
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DSM, Evonik form Veramaris algae-based omega-3 fatty acids JV
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Royal DSM has long been in the microalgae oil business after it acquired Martek Biosciences in 2010 for a whopping $1 billion (see my old article on this link). The company has been pretty quiet when it comes to announcements…
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Dell now uses ocean plastics in computer packaging
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Dell announced the first shipment of ocean plastics packaging for its Dell XPS 13 2-in-1 resulting from its commercial-scale pilot program where the company collected and recycles plastics from waterways and beaches for use in packaging tray. In 2017, the pilot program collected 16,000…
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BASF Invests in P2 Science
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BASF Venture Capital is participating with $2.5 million in a $9.55 million financing round in the U.S. renewable chemistry firm P2 Science. Headquartered in Woodbridge, Connecticut, P2 Science is a specialty chemicals company with a unique flow chemistry process that…