Company initiatives
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LEGO Group to invest 1 Billion DKK for sustainable materials
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The LEGO Group recently announced plans to invest DKK 1 billion ($152.2 million) dedicated to research, development and implementation of new, sustainable, raw materials to manufacture LEGO® elements as well as packaging materials. Last year, the company stepped up its effort…
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Avantium partners with Tereos
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For years, major agribusinesses have been partnering (although more muted now in the US) with renewable chemical companies e.g. Bunge with Solazyme; ADM with its previous partnerships with Metabolix and recent investments in Rennovia; Cargill with its NatureWorks subsidiary and investments…
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Verdezyne partners for European bio-DDDA sales
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Off-take supply agreements seem to be the trend these days in the renewable chemical markets, first with BioAmber and Vinmar, and now with this recent news from industrial biotech company, Verdezyne. Verdezyne announced that it has signed an agreement with…
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Coca-Cola produces 100% bio-based PET bottle
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The Coca-Cola Company launched last week the world’s first PET plastic bottle made entirely from plant materials at the World Expo – Milan. I guess the question is if anybody is ready to invest in commercial production of bio-PX/PTA (the other…
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Gevo partners with FCStone for corn supply
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Gevo has entered into an agreement with FCStone Merchant Services, LLC to originate and supply corn for Gevo’s plant in Luverne, Minn. Engaging FCStone to conduct Gevo’s corn purchasing at Luverne is expected to free up more than $1 million of…
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BASF expands sustainability tools with thinkstep partnership
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BASF and thinkstep will collaborate in the marketing of the Sustainable Solution Steering method developed by BASF for sustainable portfolio management. thinkstep specializes in the development and marketing of sustainability software and has many years of experience as a sustainability assessment consultant….
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Global Bioenergies, Cristal Union in bio-isobutene JV
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France-based Global Bioenergies is on a speedy roll when it comes to commercializing its bio-isobutene product. The company announced today that it has formed IBN-One, a joint venture with major European agro-industrial company, Cristal Union, to build and operate the…