Investments
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PTT-MCC signs bio-succinic acid contract with BioAmber
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I’m still trying to catch up with a lot of news that came out the past few weeks but unfortunately this week is a deadline week for me for Tecnon OrbiChem’s Bio-Materials newsletter, so I’ll make some of my postings brief. Here is one from BioAmber about its first succinic acid take-or-pay contract with PTT-MCC…
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Green chemicals investment roundup
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While investment money being bestowed this year is not as big as those seen in 2008-2010, this is definitely better than nothing, and there seems to be more hope of investors opening up their wallets again. Last month saw a lot of successful financing announcements. Segetis was able to get $21.2 million in funding from…
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Brazilian Industrial Biotech Association (ABBI) launched
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Companies that include Amyris, BASF, BioChemtex, BP, Centro de Tecnologia Canavieira, Dow Chemical, DSM, DuPont, GranBio, Novozymes, Raizen and Rhodia have joined forces to form the Brazilian Industrial Biotechnology Association (Associação Brasileira de Biotecnologia Industrial or ABBI) with a primary objective of fostering a dialogue within Brazilian society about the advancements of industrial biotechnology in…
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Q&A: Rivertop Renewables on Glucaric Acid
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Here’s another recent Q&A that I had, this time with Rivertop Renewables about their glucaric acid. The company recently raised $26 million from Cargill, First Green Partners and existing investors. Q: When will Rivertop start up its semi-works facility in Missoula? What products will be produced in this facility? What is the capacity of this…
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Q&A: AVA Biochem on 5-HMF
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I know there had been several press release that came out today but let me post some of my previous Q&A interviews first. This one is from AVA Biochem, manufacturer of 5-HMF (hydroxymethylfurfural). I’ve reported a market analysis of 5-HMF at Tecnon OrbiChem’s April Bio-Materials & Intermediates issue, which also included this Q&A from AVA Biochem.…
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US renewable chemicals to gain from the New US Farm Bill
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I have been working on this since February but unfortunately travel and work has further delayed me from posting this. Tecnon OrbiChem’s April Bio-Materials issue just came out yesterday and now, I have a few days of blogging before becoming busy again preparing for the Biopolymers Symposium and BIO World Congress. This news about the…
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Sime Darby invests in Verdezyne
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During President Obama’s trip to Malaysia this weekend, the country’s conglomerate giant, Sime Darby Berhad, announced that it will take a 30% stake, valued at $30 million, in San Diego-based renewable chemical company, Verdezyne. Sime Darby Renewables, a new unit under Sime Darby Plantation, will spearhead this initiative essentially focusing on converting traditional and…