Investments
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Economic Impact of US Biobased Products Industry
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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…
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lululemon invests in renewable materials
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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…
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Indorama Ventures to buy Brazil-based Oxiteno
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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…
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Danimer Scientific to Acquire Novomer
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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…
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Association, Bioplastic, Government, Investments, Press Release, Processing, R&D, studies and reportsEuropean Bioplastics talks about Chemical Recycling
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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…
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Rising Commercialisation of Specialty High-Temperature Bio-based Polymers
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Last month, I wrote a special report for Tecnon OrbiChem’s Bio-Materials newsletter about polyimide and polyphthalamide (PPA), which are considered high-temperature specialty polymers. I am not quite familiar with these polymers but apparently, they can now be produced using renewable…
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Bio-based chemicals capacity build-up continues
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Two big news in the bio-based chemicals sector were announced this month: A planned 65 ktpa fermentation-based 1,4-butanediol (BDO) capacity in Iowa, USA, to be built by a newly-formed joint venture called Qore, and a 75 ktpa polylactic acid (PLA)…