Press Release
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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….
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Amyris launches its first ESG report
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I’ve been seeing so many open positions that are linked to company Environmental, Social and Governance (ESG) reporting on my LinkedIn timeline. ESG investing remains a very hot topic, particularly in light of the clear evidence that companies with higher…
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Danimer Scientific to Acquire Novomer
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This is quite interesting news that came out today about Danimer Scientific announcing its plans to acquire Novomer in a cash transaction valued at $152 million. Headquartered with a pilot plant in Rochester, New York, Novomer develops high-performing, carbon-efficient, cost-effective…
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Agile BioFoundry Selects New Biotech Collaborations
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I’m always on the lookout for new companies in the renewable chemicals/materials industry and one of the ways to do this is keeping tabs on grants and funding from the US Department of Energy’s (DOE) Bioenergy Technologiees Office (BETO). The…
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Association, Bioplastic, Government, Investments, Press Release, Processing, R&D, studies and reports
European Bioplastics talks about Chemical Recycling
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Some might say the surging investments in chemical recycling is taking away the attention on the development and commercialization of bio-based plastics but according to the European Bioplastics Association, chemical recycling is an important option for bio-based plastics to the…
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US Plastics Pact Launched 2025 Roadmap
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Hello blog readers. My apologies for not posting for quite some time as I have been immersed in new administerial duties at Tecnon OrbiChem and we just released our latest Bio-Materials market commentaries. This month’s special report is about sustainable…