Investments
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Global Bioenergies commercialization in momentum
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France-based renewable chemicals company, Global Bioenergies, has speeded up its commercialization plans as it sets up its new industrial fermentation pilot unit in Pomacle, France, which is expected to be commissioned by the end of September, and be ready for…
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Lesaffre acquires Butalco
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There were several bio-butanol news last month and these were all reported at Tecnon OrbiChem’s Bio-Materials newsletter. In the meantime, here was one from Lesaffre, a France-based manufacturer of yeast and other fermentation products. The company said it has acquired…
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Solazyme, AkzoNobel expand surfactant partnership
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Algal oils producer, Solazyme, has expanded its algal oil supply agreement with specialty chemicals company, AkzoNobel, with a new five-year supply of up to 10,000 tons/year of Solazyme’s Tailored™ algal oil for surfactant production pending successful joint product development. The…
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M&G forms JV with Anhui Guozhen
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Tecnon OrbiChem’s Bio-Materials Issue 11 newsletter is now done and out, and we have some interesting news that came from China. In the meantime, there were also several recent announcements that came out and I will post some of them…
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Meredian prepares for potential IPO
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While Metabolix seems to be quiet these days (and people are still waiting for any production updates from the company…), Meredian on the other hand, has been churning out several news recently, the latest one is its merger with sister…
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Stora Enso acquires cellulosic sugar developer Virdia
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I know this is a late news but still worthwhile reporting. Stora Enso, a Finnish pulp, paper and packaging company, has acquired 100% of the shares of the US-based cellulosic sugar developer, Virdia, for $33 million (EUR 24 million) with…
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Danish biorefinery receives EU funding
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The EU Commission has awarded €39 million in funding from the NER300 program to Maabjerg Energy Concept, a consortium of companies that include DONG Energy, Novozymes, and local utilities, Vestforsyning, Struer Forsyning and waste management company Nomi, towards the construction of…