Investments
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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…
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Corbion, Total in PLA JV
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A good news for Corbion as France-based energy company, Total, decided to join forces and formed a 50/50 JV with Corbion to produce and market PLA polymers. The JV will now handle the construction of a 75 ktpa PLA polymerization…
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Sustainable Sourcing of Feedstocks for Bioplastics
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Bio-based chemicals and materials producer, Corbion, has released a white paper outlining the company’s position on feedstock selection, as well as covering issues such as land use, feedstock efficiency and food security. The paper was presented in September at the…
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Cellulosic sugar coming soon to a market near you
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I am now working on my Biomaterials newsletter deadline at Tecnon OrbiChem so I’m copying this press release word for word: Cellulosic Sugar Producers Cooperative (CSPC) has initiated an equity campaign to develop a corn stover and wheat straw to…
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BASF, Avantium form Synvina JV
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Commercial FDCA (furandicarboxylic acid) production will be coming soon as Avantium and BASF formally announced the formation of Synvina, a joint venture to be based in Amsterdam, the Netherlands, that will produce and market FDCA as well as market the…
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First bio-BDO commercial plant opens
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The world’s first sugar-based 1,4 butanediol plant has finally opened as Mater-Biotech, a 100% company owned by Italian bioplastic producer, Novamont, started its 30 ktpa bio-BDO plant in Bottrighe di Adria (Rovigo, Italy), which uses Genomatica’s process technology. The initial…
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JetBlue to use renewable jet fuel
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JetBlue recently announced a ten-year purchase agreement with bioenergy company, SG Preston, for the purchase of renewable jet fuel produced from hydroprocessed esters and fatty acids (HEFA). For those who are unfamiliar with this type of fuel, it is mostly…