Partnership
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CSIRO licenses Super High Oleic Safflower Oil
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When I was a reporter at the previously titled Chemical Market Reporter (now known as ICIS Chemical Business), I used to cover several specialty oilseeds markets such as safflower, camelina, high erucic rapeseed, castor, lesquerella, hemp, etc. I also covered the developing genetically modified oilseeds back then such as high oleic soybeans and canola. Oilseeds…
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More off-take bio deal with Vinmar
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Vinmar is on a roll when it comes to doing off-take supply deals in the renewables sector. After the BioAmber bio-succinic acid deal, Vinmar recently announced that it has signed a 20-year contract for 19 billion pounds of AirCarbon PHA from Newlight Technologies. The Vinmar contract provides for the sale of 100% of AirCarbon PHA…
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DuPont’s cellulosic ethanol tech in China
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DuPont announced a licensing deal with Jilin Province New Tianlong Industry Co. Ltd. (NTL) for the use of DuPont’s cellulosic ethanol technology and its Accelerase enzymes for the production of renewable biofuel from leftover biomass on Jilin Province’s corn farms. This project aims to develop China’s largest cellulosic ethanol manufacturing plant to be located in…
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Bio-succinic acid and PDO in polyols
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Before I forget this news that came in last month (all the news and information I get, I write it up on Tecnon OrbiChem’s Bio-materials newsletter first), the bio-based polyurethane sector is certainly getting a lot of buzz and developments especially with the use of bio-monomers such as succinic acid, bio-1,3 PDO, bio-BDO, etc.). I am…
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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 in Rivertop Renewables; palm plantation owner, Wilmar, with Elevance; and in Europe, Global Bioenergies has partnered…
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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 Will & Co, a sales and marketing firm for raw materials, semi-finished products, additives, and…
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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 working capital, which has previously been tied up in corn inventory. By leveraging FCStone’s scale and…