Investments
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LanzaTech bags $60m funding
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My apologies for the sparse blog posts as it is difficult nowadays to blog when you’re attending conferences and having meetings after meetings. I just got back from the AFPM’s (American Fuel and Petrochemical Manufacturers) International Petrochemicals Conference in San Antonio, and I have been learning more about the current market status of several petrochemical…
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GreenCentre partners with Chemical Angel Network
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GreenCentre Canada has partnered with The Chemical Angel Network, a nation-wide angel network investing in seed and early stage chemical businesses. The chemistry component of investment targets normally falls within the general areas of measurement, manufacturing and materials. The Angel Network offers investors a unique opportunity to participate in the growth of companies within the…
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UK’s BDC bio-based grants to help SMEs
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The Biorenewables Development Centre (BDC), a not-for-profit company based at the University of York, has a new funding opportunity, the Biorenewables Capital Grant Scheme (BCGS), for Yorkshire and Humber-based small to medium-sized enterprises (SMEs) wishing to explore commercial feasibility of bio-based projects. The BCGS is available to eligible SMEs to implement pilot-technologies in the biorenewables…
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Codexis sells Budapest lab to Intrexon
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Synthetic biology company, Intrexon Corporation, has acquired state-of-the-art laboratory operations in Budapest, Hungary from biocatalysts developer Codexis, Inc. The acquisition will expand Intrexon’s strain and protein development capabilities, as well as strengthen fermentation process optimization and scale-up. Intrexon’s Industrial Products Division (IPD) will absorb the Budapest laboratory staff. Intrexon’s IPD is positioned to develop biologically based solutions…
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Minnesota bill for renewable chems incentives
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The blog just saw this article from Biomass magazine about a pending Minnesota bill aiming to create incentives for commercial production of renewable chemicals, advanced biofuels and biomass. The bill H.F. 2456, introduced on February 27 in the Minnesota House of Representatives, aims to create a capital equipment loan program for renewable chemical and advanced…
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Solvay launches production of torrefied biomass
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Solvay has launched the production of torrefied biomass at an industrial scale in the United States, run by the recently created Solvay Biomass Energy joint venture between Solvay and U.S. company New Biomass Energy NBE. The biomass is produced in Quitman, Mississippi at a plant that was built and developed by NBE. Solvay will provide…
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NY funding for Eastman Bioscience Manufacturing Center
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The New York State government will commit $3 million to the Eastman Business Park (EBP) Bioscience Manufacturing Center in Rochester, which will begin construction later this year. The construction of the $25 million, 60,000 square feet facility, which will improve equipment for converting non-food plant materials into biofuels and biochemicals, is estimated to create 1,800…