Green Chemicals Blog
Investments
VIDEO: Stop Making Excuses
This is a fantastic video just released by the United Nations in time for the COP26 global climate conference starting on 31 October. According to the new UN Development Programme (UNDP) research, the world spends $423 billion annually to subsidise fossil fuels for consumers. This is four times the amount being called for to help … Continue reading
Pyrolysis Projects on a Hot Investment Streak
Sorry for the lack of posting as this month is cray-cray! To make a small amend, I am sharing my Bio-Materials special report this month about several pyrolysis projects particularly using woody biomass and waste plastics. I’ve also interviewed Agilyx for this report which you can download on this link: https://www.orbichem.com/blog/pyrolysis-projects-on-a-hot-investment-streak For a brief snapshot … Continue reading
Restructuring in the pine chemicals market continues
Early this year, I wrote a special report on the ongoing restructuring within the global pine chemicals industry (yes, it is free to access) and I guess one of the biggest transactions to date (if not the biggest in the pine chemicals market) is this recent announcement on the acquisition of Kraton Corporation by South … Continue reading
Gevo acquires Butamax patent estate
It has been 6 years since Butamax and Gevo settled their bio-isobutanol patent war and both companies have gone on to their separate ways as the companies have licensed all of their respective patents to each other, with rights to sub-license their respective technologies. Since then, Butamax Advanced Biofuels, formerly a joint venture between BP … Continue reading
LG Chem proceeds with sustainable materials investments
South Korea-based chemical company LG Chem has been making several news headlines within the past few months as the company announced its intention to invest KRW10 trillion ($8.5 billion) in eco-friendly and high-growth materials by 2025. Over 30 projects including M&As, joint ventures, strategic investments focused on ESG-based business portfolio are currently being reviewed according … Continue reading
Economic Impact of US Biobased Products Industry
The US Department of Agriculture (USDA) released its 2019 Economic Impact Analysis of the US Biobased Product Industry celebrating the USDA’s 10th anniversary of the creation of its Certified Biobased Product Label. Established in 2011 underneath USDA’s BioPreferred Program, the Certified Biobased Product Label is intended to spur economic development, create new jobs and provide new … Continue reading
lululemon invests in renewable materials
US athletic apparel company lululemon Athletica Inc. has been very busy these past two months partnering all the way up in the company’s raw material supply chain. The company released its first Impact Agenda in October last year with a goal to make 100% of its products from sustainable materials by 2030. By 2025, lululemon … Continue reading
Indorama Ventures to buy Brazil-based Oxiteno
Indorama announced on Monday that it will acquire Oxiteno, the chemical subsidiary of Brazilian fuel company Ultrapar Participacoes SA, for $1.3 billion, subject to adjustment and closing, with a deferred payment of $150 million in 2024. The transaction is expected to close in Q1 2022. Oxiteno is an interesting acquisition for Thailand-based Indorama Ventures not … Continue reading
Danimer Scientific to Acquire Novomer
This is quite interesting news that came out today about Danimer Scientific announcing its plans to acquire Novomer in a cash transaction valued at $152 million. Headquartered with a pilot plant in Rochester, New York, Novomer develops high-performing, carbon-efficient, cost-effective polymers and chemicals including poly(3-hydroxypropionate) (“p(3HP)”), a type of polyhydroxyalkanoate (“PHA”), all of which can … Continue reading
European Bioplastics talks about Chemical Recycling
Some might say the surging investments in chemical recycling is taking away the attention on the development and commercialization of bio-based plastics but according to the European Bioplastics Association, chemical recycling is an important option for bio-based plastics to the same extent as for fossil-based plastics. Chemical Recycling of bio-based plastics contributes to a circular … Continue reading