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I can’t really write any long posts this week due to tight newsletter deadline but I just saw a confirmation from UK-based Cellulac that it has proposed a merger to Metabolix, which was then rejected. Last week, Metabolix announced that it is closing its biopolymers (PHA-based) business with a layoff of around 45 positions (50% … Continue reading
There is no excerpt because this is a protected post.
There is no excerpt because this is a protected post.
IKEA SUPPLY AG and Newlight Technologies recently announced a supply, collaboration, and technology license agreement that will supply IKEA with AirCarbon PHA resins from Newlight’s commercial-scale production facilities and enable IKEA to produce AirCarbon thermoplastic under a technology license. Under the agreement, IKEA will purchase 50% of the material from Newlight’s 23 ktpa plant in the … Continue reading
Vinmar is on a roll when it comes to doing off-take supply deals in the renewables sector. After the BioAmber bio-succinic acid deal, Vinmar recently announced that it has signed a 20-year contract for 19 billion pounds of AirCarbon PHA from Newlight Technologies. The Vinmar contract provides for the sale of 100% of AirCarbon PHA … Continue reading
Italian renewable chemicals developer, Bio-on S.p.A., and Pizzoli S.p.A., Italy’s largest operator in the potato sector, will collaborate to build the nation’s first PHAs bioplastic production plant using waste product from the potato agro-industrial process. The facility is expected to produce producing 2,000 ton/year of PHAs, expanding to 4,000 ton/year in the future. Following an … Continue reading
While Metabolix seems to be quiet these days (and people are still waiting for any production updates from the company…), Meredian on the other hand, has been churning out several news recently, the latest one is its merger with sister company, DaniMer Scientific. The companies now have merged under a wholly-owned subsidiary Meredian Holdings Group … Continue reading
My apologies for the sparse blog posts as it is difficult nowadays to blog when you’re attending conferences and having meetings after meetings. I just got back from the AFPM’s (American Fuel and Petrochemical Manufacturers) International Petrochemicals Conference in San Antonio, and I have been learning more about the current market status of several petrochemical … Continue reading
Tecnon OrbiChem’s 2nd issue of its Bio-Materials & Intermediates newsletter is now out, and I am really excited for this one as we were able to get several major updates for bio-PET and bio-MEG including price premiums, the future of bio-PET commercialization, and new R&D developments. It also has an update on several PLA capacity … Continue reading