cellulosic sugar
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Total invests in cellulosic sugar developer, Renmatix
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US cellulosic sugar developer, Renmatix, signed a joint development agreement (JDA) with Total and will also receive funding from the New Energies Division of Total. Under the agreement, Renmatix and Total will utilize Renmatix’s proprietary Plantrose process with specific feedstocks to extract sugar for use in production of biobased products of interest to Total. In concert…
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Stora Enso opens new biomaterials innovation centre
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Finnish pulp and paper packaging company, Stora Enso, has been pretty busy in the renewable chemicals world, recently acquiring US biotechnology company, Virdia, and building a cellulosic sugar demo plant in Louisiana. Stora Enso just announced that it will concentrate its biomaterials business development in a new Innovation Centre that will be located in the Stockholm…
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Stora Enso to build cellulosic sugar demo plant
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Another late news but I was in China at the time that this came out and I was not able to access my google emails and reader… Stora Enso said it is investing EUR 32 million (USD 43 million) in a demonstration and market development plant to be built at Raceland, Louisiana, USA, following its…
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Stora Enso acquires cellulosic sugar developer Virdia
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I know this is a late news but still worthwhile reporting. Stora Enso, a Finnish pulp, paper and packaging company, has acquired 100% of the shares of the US-based cellulosic sugar developer, Virdia, for $33 million (EUR 24 million) with additional potential payouts totaling approximately $29 million following completion of specific technical and commercial milestones…
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Beta Renewables starts cellulosic ethanol facility
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The momentum for commercial cellulosic ethanol facility start-ups is going strong and this one from Beta Renewables is considered a big one as the company opened its 25m gal/year (75m liters/year) cellulosic ethanol facility in Crescentino, Italy. The facility is claimed to be the first in the world to be designed and built to produce…
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New cellulosic sugar player in town
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One of the key for success for renewable chemicals players (and advanced ethanol producers) is to lower down cost for their feedstock through the use of non-food biomass. This is where cellulosic sugar and enzyme developers are hard at work trying to strip away as much of the valuable carbohydrates as possible from their sticky…