Company initiatives
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Video: BASF, Avantium discuss the potential of FDCA
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Avantium’s Tom van Aken and Stefan Blank, President of BASF’s Intermediates Division, discuss their cooperation regarding the production of a new and bio based raw material using furandicarboxylic acid (FDCA). Their Synvina joint venture aims to start construction of an FDCA reference plant by the end of 2018, with sales of FDCA and PEF (polyethylene furanoate) expected…
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Farnesene ingredients to be produced in China
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I really commend Amyris’s impressive PR machine as I keep getting constant updates from the company every month. This one is interesting as the company announced today an agreement with Phyto Tech Corp (doing business as Blue California) where its affiliates will provide access to its fermentation manufacturing in China and provide the necessary capital…
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Butamax prepares for bio-isobutanol commercialization
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I have often heard the market potential for bio-isobutanol but the problem is, it’s expensive and Gevo seems to be the only producer in town. Maybe this will change as Butamax Advanced Biofuels LLC, a 50/50 joint venture between BP and DuPont, recently announced plans to finally produce bio-isobutanol with its acquisition of Nesika Energy, LLC and…
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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 bit before I leave. Here’s one from Rennovia which recently announced the successful commissioning of its…
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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 fibers. QMilch CEO and Founder, Anke Domaske will be speaking at Bio-Based Live conference, which…
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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 the International Energy Agency, signaling a continuing decoupling of emissions and economic activity. This was…
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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 market capitalization has now reached €277 million. The funds raised will be used to further…