Investments
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US Commerce Dept. invests in Bio-Based Maine
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The US Department of Commerce’s Economic Development Administration (EDA) will invest $519,930 as part of a $856,549 project to Bio-Based Maine, in partnership with the University of Maine, to develop a road map to advance biobased manufacturing, marketing Maine’s biobased…
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TerraVia sells Algenist
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TerraVia (formerly Solazyme) recently announced the sale of 80% of its interest in its Algenist business to Tengram Capital Partners, a private equity firm that focuses exclusively on consumer and retail companies that owns exclusive, highly recognizable brands. As part of the…
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USDA Biobased Funding applications now open
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The U.S. Department of Agriculture (USDA) is seeking applications for funding to help support the development of advanced biofuels, renewable chemicals and biobased products. Funding is being provided through the Biorefinery, Renewable Chemical and Biobased Product Manufacturing Assistance Program, formerly…
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Metabolix rejects Cellulac merger proposal
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I can’t really write any long posts this week due to tight newsletter deadline but I just saw a confirmation from UK-based Cellulac that it has proposed a merger to Metabolix, which was then rejected. Last week, Metabolix announced that…
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Toyota Tsusho expands bio-PET investments
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I am back from a brief mini-vacation and my apologies for those who left emails and messages that I have not yet responded to. I am now working on Tecnon OrbiChem’s Biomaterials newsletter and will probably be able to respond…
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Association, Company initiatives, Conference, Government, Investments, Partnership, Press Release, R&D, VideoSynthetic Biology – The next renewables frontier?
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Ok, so the title might be a bit misleading as I’ve been covering agbiotech for more than a decade and synthetic biology companies focusing on chemicals application since 2007 such as Genomatica, Amyris, Codexis, etc. However, it seems there are more…
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Global Bioenergies advances bio-isobutene commercialization
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Because I like posting videos, here’s one that was just published by France-based Global Bioenergies, which is currently building its new bio-isobutene demonstration plant at Leuna, a German petrochemical/refining complex. The first run on the demo plant is expected this…