It seems Chevron is all in when it comes to renewable fuels investments after the oil and energy company announced today that it will acquire US-based Renewable Energy Group (REG) in an all-cash transaction valued at $3.15 billion or $61.50/share. The transaction price represents a premium of around 57% on a 30-day average based on … Continue reading
Origin Materials announced yesterday that Geismar, Louisiana will be the location of its first world-scale manufacturing facility called Origin 2. Origin 1 is currently being constructed in Sarnia, Canada. Both facilities will produce chloromethylfurfural (CMF) and hydrothermal carbon (HTC) using wood residues. Smaller quantities of furfural and levulinic acid come from the degradation of cellulose … Continue reading
It has been a long time coming for the commercialization of bio-based butadiene (at least for this one where you can count the percentage renewable content unlike some of the mass balance approaches). I have been monitoring this space for years and it seems Poland-based synthetic rubber tire manufacturer Synthos S.A. is ready to hit … Continue reading
Bioindustrial Innovation Canada (BIC) is a nationally focused not-for-profit business accelerator who provides critical strategic investment, advice, and services to business developers of clean, green and sustainable technologies. BIC is currently seeking Letters of Intent (LOI) for research projects to be considered as part of BIC’s BioProducts AgSci Cluster under an anticipated Agriculture and Agri-Food … Continue reading
Last month, the death of Professor Robert Grubbs, a 2005 Nobel Prize winner in Chemistry and instrumental in the development of metathesis catalysts, took me back all the way in 2008 during the formation of Elevance Renewable Sciences, one of the few start-up companies I’ve interviewed and started covering when I started the blog in … Continue reading
Tecnon OrbiChem’s Bio-Materials reporting has continuously evolved to catch up with the latest low-carbon/zero-carbon technology solutions being developed within the chemical/materials sector. I have already been including analysis and reports about the recycling trends and projects – especially chemical recycling – in our Bio-Materials reporting since 2018. Our coverage has also expanded towards reporting about … Continue reading
The Green Chemicals Blog is currently a media partner for this year’s Chinaplas plastics tradeshow which will be held in Shanghai on 25-28 April. Our friends from Chinaplas recently shared this interesting information about Indonesia’s sustainable plastics goal and their implementation of digital technology and intelligent manufacturing processes. The article also addresses ways to solve … Continue reading
The holiday gift-giving is not yet over it seems as Kentucky’s Department of Agriculture and other agencies are inviting companies to apply for the state’s Renewable Chemical Production Program which will provide tax credits and economic incentives for the production of more than 30 specified chemicals derived from biomass feedstock. The program will share tax … Continue reading
Happy New Year to GCB followers! I hope you all had a good holiday break and we wish everyone a healthy and prosperous 2022. I cannot pass up reporting this interesting news last month about Cargill planning to acquire Croda’s bio-based industrial business for $1.03bn (EUR 915m). The transaction is expected to close in the … Continue reading
The Plant Based Products Council (PBPC) are calling for everyone to support the Cultivating Organic Matter through the Promotion of Sustainable Techniques (COMPOST) Act recently introduced in the House of Representatives by Reps. Julia Brownley (D-CA), Chellie Pingree (D-ME), and Ann Kuster (D-NH) and the U.S. Senate by Senator Cory Booker (D-NJ). The COMPOST Act … Continue reading