Company initiatives
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Restructuring in the pine chemicals market continues
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Early this year, I wrote a special report on the ongoing restructuring within the global pine chemicals industry (yes, it is free to access) and I guess one of the biggest transactions to date (if not the biggest in the…
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Gevo acquires Butamax patent estate
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It has been 6 years since Butamax and Gevo settled their bio-isobutanol patent war and both companies have gone on to their separate ways as the companies have licensed all of their respective patents to each other, with rights to…
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LG Chem proceeds with sustainable materials investments
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South Korea-based chemical company LG Chem has been making several news headlines within the past few months as the company announced its intention to invest KRW10 trillion ($8.5 billion) in eco-friendly and high-growth materials by 2025. Over 30 projects including…
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Economic Impact of US Biobased Products Industry
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The US Department of Agriculture (USDA) released its 2019 Economic Impact Analysis of the US Biobased Product Industry celebrating the USDA’s 10th anniversary of the creation of its Certified Biobased Product Label. Established in 2011 underneath USDA’s BioPreferred Program, the Certified…
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lululemon invests in renewable materials
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US athletic apparel company lululemon Athletica Inc. has been very busy these past two months partnering all the way up in the company’s raw material supply chain. The company released its first Impact Agenda in October last year with a…
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Indorama Ventures to buy Brazil-based Oxiteno
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Indorama announced on Monday that it will acquire Oxiteno, the chemical subsidiary of Brazilian fuel company Ultrapar Participacoes SA, for $1.3 billion, subject to adjustment and closing, with a deferred payment of $150 million in 2024. The transaction is expected…
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UN IPCC releases latest climate change report
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I’ve seen so many references on social media about this new report from the United Nation’s Intergovernmental Panel on Climate Change (IPCC) which released the first instalment of its 6th Assessment Report (AR6). The report will be completed in 2022….