Press Release
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Are there green premium for bioplastics?
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Germany-based Nova Institute is currently conducting an ongoing number of surveys on green premium prices along the value chain of bio-based products on behalf of the European project BIOFOREVER. Green Premium is defined by the survey as “the additional price a market actor is willing to pay for the additional emotional performance and/or the strategic…
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Avantium acquires Liquid Light
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Interesting news from Avantium but in short-to-medium term, this could complete the company’s (and its partners’) goal of sustainable polymers offering (e.g. CO2-based MEG + FDCA = PEF). Avantium announced today that it has acquired the assets of US-based Liquid Light Inc., which has developed proprietary process technology to make major chemicals from carbon dioxide…
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Cargill, Calysta to build gas fermentation facility
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Cargill and Calysta, Inc., along with several third-party institutions, plan to invest in reportedly the world’s largest gas fermentation facility in Memphis, Tenn. to produce Calysta’s FeedKind® protein, a family of sustainable, traceable nutritional ingredients for fish, livestock and pets. The new venture plans to build and operate this facility on Cargill’s 69-acre property on President’s…
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Lygos bags $13m funding
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Lygos, Inc., a bio-based specialty chemicals company, announced last week the closing of $13 million in Series A financing led by IA Ventures and OS Fund. Other investors include First Round Capital, the Y Combinator Continuity Fund, 50 Years and Vast Ventures, along with notable angel investors. Lygos has pioneered the world’s first bio-based production…
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DuPont bags grant for biologic medications
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This might not be targeting industrial applications but then the use of biotechnology has constantly been crossing over between pharma/life science, industrial chemicals, biofuels, and consumer/nutritional products. DuPont Industrial Biosciences recently announced receipt of a grant from the Bill & Melinda Gates Foundation to support a new area of research. The research project, which commences immediately,…
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Green Biologics starts biochem shipments
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UK-based Green Biologics recently announced that it has begun commercial shipments of bio-based n-butanol and acetone from its first manufacturing facility in Little Falls, Minnesota. The company retrofitted a 21 million gal/year corn ethanol plant, which the company acquired from Central MN Ethanol Cooperative LLC. The site, now called Central MN Renewables (CMR) commenced construction…
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Biodegradable silk in Adidas shoes
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Looking for a gift to your environmentally-conscious loved ones? Last month, Adidas has debuted a shoe called the Adidas Futurecraft Biofabric, which is made from a synthetic silk molecule called Biosteel® produced by German manufacturer AMSilk. The synthetic silk is produced using a biotechnological process as an alternative to natural silk. It is said to…