I asked an AI program to create a blog post of Avantium and Origin Materials’ recent press release about their FDCA partnership deal, and this is what came up: —- Avantium, a leading technology company, has recently announced a partnership with Origin Materials, a sustainable materials company, to accelerate the mass production of FDCA and … Continue reading
Origin Materials announced yesterday that Geismar, Louisiana will be the location of its first world-scale manufacturing facility called Origin 2. Origin 1 is currently being constructed in Sarnia, Canada. Both facilities will produce chloromethylfurfural (CMF) and hydrothermal carbon (HTC) using wood residues. Smaller quantities of furfural and levulinic acid come from the degradation of cellulose … Continue reading
Avantium announced on February 9 that its subsidiary, Avantium Renewable Polymers, signed a patent license agreement with Eastman Chemical Company for the right to operate under Eastman’s FDCA-related patent portfolio. Now the press release just really contains three paragraphs but this is loaded news when you get the implication of a cost-economic production of FDCA … Continue reading
Deals with special purpose acquisition companies (SPAC) seem to be the favourite route these days for bio-based chemical start-ups to shorten the timeframe of the cumbersome IPO (initial public offering) process. The blog reported last month Danimer Scientific’s debut at the New York Stock Exchange after going through a similar process with Live Oak Acquisition … Continue reading