Bioeconomy: from Athens to Brussels

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Athens

The Greek crisis is an opportunity to reflect again on our idea of Europe. In our opinion the euro is an irreversible process. But it is absurd to weigh on the ECB, in fact the only European institution truly federal, the task to deal with the crisis with the only instrument of monetary policy.

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Versalis announced a Joint Technology agreement with Chinese partners to develop green tires

Daniele Ferrari, Ceo of Versalis-Eni
Daniele Ferrari, Ceo of Versalis-Eni

Versalis, Italian oil giant Eni’s chemical company and a major producer in the polymers and elastomers industry, Ecombine and EVE Rubber Institute – respective subsidiary and affiliate companies of Mesnac, a Chinese global leading rubber & tire machinery corporation – announced a Joint Technology agreement to develop an innovative technology for high performance green tires.

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United Airlines invests $30 million in Fulcrum Bioenergy

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Unitef Airlines' plane

Fulcrum BioEnergy, Inc. and United Airlines, Inc. announced that United Airlines has invested $30 million in Fulcrum and will have the option to directly participate in Fulcrum’s waste-to-jet fuel plants across North America.

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Turkish Flokser Group launches an artificial leather fabric that has 70% renewable content

Ekin Tükek, Flokser Group board member
Ekin Tükek, Flokser Group board member

The Flokser Group, a global leader in leather and suede fabrics, has successfully developed an innovative artificial leather fabric using bio-based materials supplied by DuPont Tate & Lyle Bio Products and BioAmber.

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EU green light for €120 million new investments in bioeconomy projects

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Bioeconomy daily at Biobased World in Frankfurt

The Bio-based Industries Joint Undertaking, a public-private partnership between the EU and the Bio-based Industries Consortium (BIC), has approved the funding of 10 projects totalling €120 million to boost the EU capacity to stimulate growth and jobs via a more circular, low carbon and sustainable bioeconomy.

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The LEGO Group invests in new bio-based materials to make bricks and packaging

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World LEGO Tower in Milan @EXPO 2015

The LEGO Group announced a significant investment of DKK 1 billion (approximately € 135 million) dedicated to research, development and implementation of new, sustainable, raw materials to manufacture LEGO® elements as well as packaging materials. The LEGO Group believes a new sustainable material must have an ever-lighter footprint than the material it replaces across key environmental and social impact areas such as fossil resource use, human rights and climate change.

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France will have its own strategy on bioeconomy by the end of the year

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France will have its own strategy on bioeconomy. This was announced yesterday by Christophe Luguel, international relations manager of IAR-Pole (French Industry and Agro-resource cluster), during a conference on bioeconomy held in Frankfurt am Main, in the frame of Biobased world at Achema 2015.

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The contribution of the bio-products industry to the U.S. economy in 2013 was $369 billion

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Tom Vilsack, US Agriculture Secretary

The productivity and innovation of U.S. agriculture is driving a transformation to bio-based products across the economy that is supporting millions of jobs and significantly displacing fossil fuels, according to a study from the U.S. Department of Agriculture on Wednesday.

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EIB supports a new Finnish next-generation bio-product mill

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The European Investment Bank (EIB) and Metsäliitto Cooperative signed last Friday a EUR 75 million loan agreement for the construction of a new large-scale bio-product mill in Finland (Äänekoski). The financing will be submitted for backing by the EU budget guarantee under the European Fund for Strategic Investments (EFSI). 

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