Investments
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Association, Award, Biofuel, Bioplastic, Company initiatives, Conference, Event, Feedstock, Investments, News Roundup, Press ReleaseBIO announcements galore
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Attending BIO World Congress is, as usual, a whirlwind of meetings and presentations galore. There were several big announcements that came out yesterday and here are some of them. For more news at BIO, follow #BIOWC15 on twitter. Cargill and Genomatica Partnership – the companies announced their collaboration to accelerate production of renewable chemicals for…
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DOE awards $18m grant to algae-based projects
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Let me post this before I leave for Montreal, Canada, today. The US Department of Energy (DOE) recently announced six projects that will receive up to $18 million in funding to reduce the modeled price of algae-based biofuels to less than $5 per gasoline gallon equivalent (gge) by 2019. Algal biomass can be converted to…
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CSIRO licenses Super High Oleic Safflower Oil
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When I was a reporter at the previously titled Chemical Market Reporter (now known as ICIS Chemical Business), I used to cover several specialty oilseeds markets such as safflower, camelina, high erucic rapeseed, castor, lesquerella, hemp, etc. I also covered the developing genetically modified oilseeds back then such as high oleic soybeans and canola. Oilseeds…
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More off-take bio deal with Vinmar
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Vinmar is on a roll when it comes to doing off-take supply deals in the renewables sector. After the BioAmber bio-succinic acid deal, Vinmar recently announced that it has signed a 20-year contract for 19 billion pounds of AirCarbon PHA from Newlight Technologies. The Vinmar contract provides for the sale of 100% of AirCarbon PHA…
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DuPont’s cellulosic ethanol tech in China
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DuPont announced a licensing deal with Jilin Province New Tianlong Industry Co. Ltd. (NTL) for the use of DuPont’s cellulosic ethanol technology and its Accelerase enzymes for the production of renewable biofuel from leftover biomass on Jilin Province’s corn farms. This project aims to develop China’s largest cellulosic ethanol manufacturing plant to be located in…
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LEGO Group to invest 1 Billion DKK for sustainable materials
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The LEGO Group recently announced plans to invest DKK 1 billion ($152.2 million) dedicated to research, development and implementation of new, sustainable, raw materials to manufacture LEGO® elements as well as packaging materials. Last year, the company stepped up its effort in the search for more sustainable materials by entering into collaborations with businesses and universities…
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Avantium partners with Tereos
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For years, major agribusinesses have been partnering (although more muted now in the US) with renewable chemical companies e.g. Bunge with Solazyme; ADM with its previous partnerships with Metabolix and recent investments in Rennovia; Cargill with its NatureWorks subsidiary and investments in Rivertop Renewables; palm plantation owner, Wilmar, with Elevance; and in Europe, Global Bioenergies has partnered…