Company initiatives
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Company Movements News
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Hope you’re enjoying the start of your weekend. We are expecting another snowstorm coming into New York this Saturday and I can’t wait to have a brief respite from the wintry weather next week when I fly to Florida to…
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MeadWestvaco spins off specialty chemicals business
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In the pine chemicals world, MeadWestvaco (MWV), a major packaging company, announced its intention to spin-off its specialty chemicals business as an independent publicly traded entity. The spinoff is expected to be completed by the end of 2015. MWV reported that it…
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Gevo partners with Brenntag for bio-isobutanol sale
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Gevo announced it has launched sales of renewable isobutanol to Brenntag Canada Inc. (Brenntag Canada), a member of the Brenntag group companies for distribution into the solvents, oil & gas, mining and specialty chemicals markets. The initial market entry is…
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Raizen, Iogen starts cellulosic ethanol production
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Joining the startup of several other cellulosic ethanol facilities such as from DSM-POET, Abengoa and Granbio, is Raizen who recently began its own production of cellulosic ethanol using Iogen’s technology at Raizen’s newly expanded Costa Pinto sugarcane mill in Piracicaba,…
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Solazyme in cost reduction mode, lays off workers
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It’s a sad holiday for some Solazyme employees as the company announced today that it will reduce its workforce and implement other cost-cutting measures in order to reduce cash operating expenses of at least $18 million in 2015. The company…
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Port of Rotterdam looking to attract Bio investments
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The blog has reported in the past about the Malaysian Biotech hub, Bio-XCell, trying to attract several renewable chemical companies looking to invest capacities in the region such as the recent announcement from Verdezyne. However, there are other chemical hubs…
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Gevo to license bio-isobutanol tech to Highlands EnviroFuel
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Highlands EnviroFuels, LLC (“Highlands”) has signed a letter of intent with Gevo to license its bio-isobutanol production technology. Highlands will build a commercial-scale “Brazilian-style” syrup mill in Highlands County, Florida, which would have a production capacity of approximately 200 ktpa…