Investments
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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 will be co-ordinated by the University of Strathclyde. IBIOC is said to be a key…
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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 URS Corporation to provide engineering, procurement and construction (EPC) services for its second world-scale biorefinery…
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Solazyme Produces Renewable™ Algal Oils at Iowa
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Solazyme announced that commercial operations have commenced at both Archer Daniels Midland Company (ADM)’s Clinton, Iowa facility, and the downstream companion facility operated by American Natural Products in Galva, Iowa (ANP). Highlighting the flexibility of Solazyme’s technology platform, Solazyme, ADM and ANP have successfully manufactured three distinct and unique Tailored™ oil products at the facilities, and products are…
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Borregaard gets bio-based chems R&D grant
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Borregaard has received a pledge for a NOK 12.4 million ($2.04m) grant from Innovation Norway to be used over three years in the field of innovation projects based on products from biomass. The funds come from the Government’s package of measures for the forestry industry as well as the biorefinery programme financed by the Ministry…
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BioAmber, Vinmar on a 100ktpa bio-BDO plant
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Here’s an exciting news from bio-succinic acid producer BioAmber. The company announced yesterday afternoon that it is planning to build a 100,000 ton/year bio-BDO plant somewhere in North America to be commissioned in 2017. The company has signed a take-or-pay contract with Vinmar International to purchase 100% of the bio-BDO produced at the new plant for…
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REG enters industrial biotech with LS9 acquisition
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I just finished listening to the conference call of this unexpected news about US biodiesel company, Renewable Energy Group (REG), acquiring LS9 for a purchase price of up to $61.5 million in stock and cash. Perhaps, this news could be the signal of further consolidation within the renewable chemicals industry? REG plans to expand into…
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Applications open for Industrial Biotechnology Catalyst
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Applications are now open for the UK-based Industrial Biotechnology Catalyst supported by BBSRC, the Technology Strategy Board (TSB) and the Engineering and Physical Sciences Research Council (EPSRC). The first IB Catalyst call will fund support for major integrated research and development projects involving collaborations between the academic and business communities. The IB Catalyst will allocate…