Invista’s technology and licensing business – Invista Performance Technologies (IPT) – and Plaxica, a chemical technologies company focused on the development of technology for the production of low cost lactic acid from biomass (founded in 2008 as a spin-out from Imperial College, London), have entered into a collaboration that is expected to accelerate the commercialisation of Plaxica’s technology.
Under the agreement, in which Invista will have an option for an equity stake in Plaxica, Invista will provide Plaxica engineering, technical and commercial support from its global technology licensing organisation. The two companies will work together to develop and commercialise Plaxica’s lactic acid technology, which the companies believe will offer substantial cost and performance benefits to licensees in the polylactic acid and bio-propylene glycol value chains.
An agreement signed yesterday by Italian biotech company Bio-on and Cristal Union will see France’s first facility for the production of PHAs bioplastic from sugar beet co-products.
The two companies, operating in sustainable biochemistry and sugar, alcohol and bioethanol production, will work together to build a production site with a 5 thousand tons/year output, expandable to 10 thousand tons/year.
Genomatica and Cargill have entered into a collaboration agreement to accelerate the production of renewable chemicals for industrial applications. The collaboration will give chemical producers, distributors and users access to a reliable, cost-effective source of carbohydrate feedstocks, co-location support services and production partnerships, based on GENO™ process technologies.
Reverdia, a joint venture between Royal DSM and Roquette Frères dedicated to be the global leader in the market for sustainable succinic acid, has joined the consortium ADMIT BioSuccInnovate, an innovative Climate-KIC initiative funded by the European Institute of Innovation & Technology (EIT), along with the Institute of Biological, Environmental and Rural Sciences (IBERS) at Aberystwyth University and other European partners. The Consortium will explore with CIMV, a biorefining company, the use of locally-available lignocellulosic feedstock, such as wheat straw or miscanthus to produce bio-based, biodegradable plastic packaging for consumer markets in association with UK retailer Waitrose and food tray producer Sharpak.
Biobased chemical company GFBiochemicals has started commercial production at its 10,000 MT/a capacity levulinic acid plant in Caserta, Italy. The announcement was made at the BIO World Congress on Industrial Biotechnology in Montréal (Canada). GFBiochemicals is the first company to produce levulinic acid at commercial scale directly from biomass.
The bioeconomy is a great protagonist in Milan, at Expo 2015, a world-class exhibition celebrating sustainable innovation. The breakthrough bottles use BioFormPX® produced at Virent’s Madison, Wisconsin demonstration plant, are showcased as part of The Coca-Cola Company’s pavilion. BioFormPX paraxylene was used in the world’s first demonstration scale production of a PET plastic bottle made entirely from plant-based materials.
EuropaBio and Smithers Rapra unveil the agenda for the European Forum for Industrial Biotechnology and Bioeconomy (EFIB) 2015. Taking place on 27-29 October 2015 at Square, Brussels, EFIB combines high-level discussions on business and policymaking and is the perfect setting for businesses looking to benefit from the next wave of activity in Europe.
ArcelorMittal, the world’s leading steel and mining company, LanzaTech, the carbon recycling company, and Primetals Technologies, a leading technology and service provider to the iron and steel industry, announced last Monday they have entered into a letter of intent to construct Europe’s first-ever commercial scale production facility to create bioethanol from waste gases produced during the steelmaking process.
Japanese Sharp launches the first bio-based smartphone. Mitsubishi Chemical Corporation announced that its bio-based engineering plastic DURABIO™ has been chosen by Sharp Corporation for the front panel of its new smartphone, the AQUOS CRYSTAL 2, slated to go on sale in the middle of July 2015 through SoftBank Corporation.