Investments
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Givaudan to acquire Soliance
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Givaudan has entered into exclusive negotiations to acquire 100% of the shares of Soliance SA and its subsidiaries. Soliance is currently a division of ARD (Agro Industrie Recherches & Développements). Soliance provides innovative cosmetic solutions to its international clients and…
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BioAmber secures $10m loan from Ag Canada
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BioAmber’s subsidiary, BioAmber Sarnia Inc., has secured a $10 million interest free loan from Agriculture Canada for the 30,000 MT succinic acid plant currently under construction in Sarnia, Ontario, Canada. The loan, which was secured through the Department’s Agri-Innovation Program,…
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Versalis, Elevance Partnership
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Given my limited background in organic chemistry, I am still trying to comprehend the potential importance of olefin metathesis technology within the overall chemical industry. However, Elevance has a nice summary of what metathesis is all about on its web…
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ADM invests in Rennovia
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I just had an interesting conversation with Elevance regarding their partnership with Versalis, and I will try to post a blog soon. In the meantime, I just received this news from Archer Daniels Midland about its $25 million equity investment…
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Mitsubishi Chemical expands Durabio output
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Mitsubishi Chemical Corporation (MCC) recently announced that it is expanding production of its isosorbide-based engineering plastic, DURABIO, at its Kurosaki Plant in Fukuoka, Japan. MCC has been producing its high-performance, high-transparency bio-based engineering plastic since August 2012 with annual production…
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Scotland launches new industrial biotechnology center
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Funded by the Scottish Funding Council and supported by Scottish Enterprise and Highlands & Islands Enterprise, the new Industrial Biotechnology Innovation Centre (IBioIC) has been launched, involving all 13 Scottish Higher Education Institutions that are active in biotechnology research and…
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Elevance picks URS for Natchez Biorefinery
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I am still working on the Elevance-Versalis press releases, and hoping to score some additional information from the companies. In the meantime, let me post this earlier news from Elevance about its Natchez plant activities. Elevance Renewable Sciences has selected…