Company initiatives
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DEINOVE optimizes Deinococcus strains
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DEINOVE, a France-based cleantech company that designs and develops a new generation of industrial processes based on Deinococcus bacteria, has developed strains with especially high performance cellulolytic properties. DEINOVE has been able to demonstrate that their engineered Deinococcus has the…
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Stora Enso acquires cellulosic sugar developer Virdia
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I know this is a late news but still worthwhile reporting. Stora Enso, a Finnish pulp, paper and packaging company, has acquired 100% of the shares of the US-based cellulosic sugar developer, Virdia, for $33 million (EUR 24 million) with…
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Why Tetra Pak chooses renewables?
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Tetra Pak is making a case on why the company is now using renewable-based materials in some of its packaging and has recently released a new white paper examining the use of materials in packaging that can be regrown or replenished…
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Danish biorefinery receives EU funding
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The EU Commission has awarded €39 million in funding from the NER300 program to Maabjerg Energy Concept, a consortium of companies that include DONG Energy, Novozymes, and local utilities, Vestforsyning, Struer Forsyning and waste management company Nomi, towards the construction of…
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Evonik invests in Biosynthetic Technologies
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German specialty chemical company, Evonik, has closed on an equity investment in Biosynthetic Technologies, LLC (BT), a specialist in biobased lubricants headquartered in Irvine, California. BT has developed and manufactures a new class of bio-based synthetic oils called estolides that are…
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Maverick Synfuels, Petrostar in GTL JV
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There has been a significant increase in companies looking to convert methane-rich feedstock especially coming from natural gas, flare gas or even biogas (although this one is particularly expensive to do) into biofuels and chemicals. Some uses synthetic biology and…
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BioAmber expands Vinmar contract, expects to raise $33.6m in stock offering
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Further catching up to news from last week, BioAmber announced that it has expanded its take-or-pay contract with Vinmar International with a total 210 ktpa bio-succinic acid/bio-BDO supply for 15 years. Under the new contract, Vinmar has committed to purchase 10 ktpa of…