Company initiatives
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UPM gears up for bio-MEG commercialization
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UPM Biochemicals is gearing up for its incoming wood-based glycols production in Leuna, Germany, which is expected to be operational by the end of 2023 and ramping up to its full 220 ktpa biorefinery capacity by 2024. The main products…
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ABT launches new bio-ECH brand EPINITY™
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This is an excerpt from this month’s bio-based epichlorohydrin (ECH) coverage on Tecnon OrbiChem’s Bio-Materials report. Advanced Biochemical Thailand (ABT) launched its new product brand EPINITY™ for its glycerine-based ECH to position the product’s unique value proposition and sustainability benefits….
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LG Chem and ADM Launch PLA and Lactic Acid JVs
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This collaboration between South Korea-based LG Chem and US agribusiness company Archer Daniels Midland (ADM) on a potential production of lactic acid and polylactic acid (PLA) in the USA has been announced before, but this time, the press release that…
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Ginkgo on a buying spree, acquires Zymergen
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Synthetic biology company Ginkgo Bioworks announced today that it plans to acquire Zymergen in an all-stock transaction valued at $300 million in market capitalisation. Zymergen stockholders will receive a fixed exchange ratio of 0.9179 Ginkgo shares for each Zymergen share,…
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Louis Vuitton launches renewable sneakers
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I saw this post from Biofuel Digest about Louis Vuitton’s new limited edition Charlie sneakers for men ($2324 available starting 19th July). According to the article, most of the shoe’s outsole is made from recycled polyurethane, while corn-based bioplastic is…
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Newlight to build its AirCarbon facility in Ohio
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Newlight Technologies has entered into various agreements with Long Ridge Energy Terminal, which is jointly owned by a subsidiary of Fortress Transportation and Infrastructure (FTAI) Investors LLC and an affiliate managed by GCM Grovesnor, to build and operate a new…
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USDA’s bioproduct pilot program
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Advanced Happy 4th of July to our US readers! Before I become embroiled in analyzing how the latest Supreme Court ruling (in favour of West Virginia) limiting the EPA’s ability to regulate carbon emissions will affect future policies for developing…