Press Release
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Corbion acquires TerraVia for $20m
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Corbion, which specializes in lactic acid and derivatives, recently announced the acquisition of substantially all assets of TerraVia Holdings (formerly Solazyme), which will result in an expansion of its product platform to include microalgae-based food and specialty ingredients. Corbion has paid a cash purchase price of around $20m but it expects the total investments to…
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Nike launches Flyleather sneakers
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I’ve mentioned Modern Meadow’s biofabricated leather and the sustainability benefits of this technology in my last post. However, Nike also recently launched its new Flyleather material, which has been incorporated in its Tennis Classic footwear style now available online and as well as in several limited edition footwear styles. Nike’s Flyleather material is made with…
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Modern Meadow launches biofabricated leather
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The biofabrication age has arrived and according to New Jersey-based bio-advanced materials developer, Modern Meadow, it will start next year soft commercial launches of products made from its first biofabricated leather material under the brand name Zoa™. I was able to attend Modern Meadow’s pop-up exhibit here in New York City (SoHo) to see for…
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SC Johnson to Acquire Method and Ecover
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I just saw this news about SC Johnson agreeing to purchase Method and Ecover for an undisclosed amount. This is an interesting news since Method and Ecover (I believe) are the two largest manufacturers of several bio-based cleaning and home care products. Belgium-based Ecover bought US-based Method in 2012. SC Johnson Signs Agreement to…
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Covestro develops bio-based aniline
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I’ve written a more comprehensive analysis of Covestro’s development of bio-based aniline at Tecnon OrbiChem’s September Biomaterials issue. According to Covestro, about 5m tons/year of petro-based aniline is produced worldwide and the company is a leading producer with a capacity of about 1m tons/year, for use largely as a precursor for rigid polyurethane foam. Covestro…
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Plaxica sells technology portfolio
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Hello blog readers! After 2 months of hiatus (and recovering from health problems), I am hoping to slowly get back to writing and let me start with this news from UK-based industrial biotechnology company, Plaxica, which recently announced the sale of its two technology business, its Xylex® cellulosic sugar technology and Versalac® lactic acid process…
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17 Reasons to Attend #BIOWC17
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2017 marks the 10th anniversary of a seminal EPA study, Bioengineering for Pollution Prevention, which examined industrial biotechnology’s potential for sustainable production of biofuels, renewable chemicals and materials. BIO’s new analysis on a white paper launched ahead of the BIO World Congress examines the ways the biotech industry has achieved the potential over the past…