“Cascade use and reuse/-cycling are important factors for the success of the bioeconomy, but the products need to be designed in an appropriate way for recycling. For sure, carbon storage in the material is a positive side effect, but I see this more as a leverage to increase competitiveness of bio-based products compared to fossil-based products, e.g. through a CO2tax for fossil-based products”. To say it – in this interview with Il Bioeconomista – is Andreas Kiesel, a researcher at the University of Hohenheim, who is coordinating the BBI JU Demo Project GRACE, “which is demonstrating the feasibility of 10 bio-based value chains for hemp and miscanthus biomass at an industry relevant scale”.
Bio-on, the Italian company operating in the high quality bioplastic sector, yesterday inaugurated its first owned plant designed to produce 100% natural and biodegradable special PHAs bioplastics for high added value niche markets, such as the microbeads used in the cosmetics sector.
Scandinavian multinational company Stora Enso opened Europe’s largest wood fibre-based biocomposite plant. The opening ceremony took place last June 4 at the company’s Hylte Mill outside of Halmstad in South-west Sweden, and was attended by more than 150 guests. Stora Enso’s investment of €12 million in a biocomposite plant is part of the company’s ongoing process of becoming a renewable materials company. It aims at showing that Stora Enso is a leader in the bioeconomy, with the ability to provide innovative, more sustainable alternatives to plastic.
BASF Venture Capital is to invest in LanzaTech, a biotech company headquartered in Chicago (USA). Using special microbes, LanzaTech has developed a technology for gas fermentation that first enables ethanol to be produced from residual gases containing carbon monoxide and hydrogen. By re-using waste streams instead of incinerating them, industrial companies can reduce carbon dioxide emissions.
LanzaTech, and its joint venture partner, Shougang Group, a leading Chinese iron and steel producer, announced the successful start-up of the world’s first commercial facility converting industrial emissions to sustainable ethanol. The facility, located at the Jingtang Steel Mill in Caofeidian in Hebei Province, began operations on May 3.
“The future of the chemical industry is the global migration to chemicals and chemical processes that improve the environmental impact of chemicals and reduce the negative health effects associated with chemicals and their production”. To say it in this exclusive interview with Il Bioeconomista is Virginia Klausmeier, founder and CEO of Sylvatex, the California-based company which has developed a renewable nano-chemistry platform that has applications in solutions for industry processing, materials stability, and fuels.
API, an Italian company specialized in the production of thermoplastic elastomeric compounds and bioplastics, which was acquired by global materials company Trinseo in July 2017, and ICM (Industria Chimica Mediterranea), a key player in the footwear and leather goods industry, joined forces to develop innovative and sustainable technical fabrics.
Italian industrial biotech company Bio-on, specialized in the sector of bioplastic of high quality, organic and biodegradable at 100%, set up AMT Labs S.p.A., a newco dedicated to the study, development and production of innovative materials for the tobacco world. Now AMTLabs company, capitalised with 10 million euros, sees the entry of GimaTT, with a 20% share for an investment of 2.2 million euros. GimaTT is a leader in the design and assembly of automatic machines on eletronic basis for the the packaging of products derived from tobacco and, in particular, those of new generation at reduced risk. Gima TT is controlled by IMA S.p.A. and is listed on the Star segment of the Italian Stock Exchange since October 2017.
A new bio-based alternative solution is now available for dry cleaners. Working with UK company Green Biologics and their facility in Minnesota, German chemical company Kreussler Inc. is now making dry cleaning solvent from corn grown by about 500 family-owned farms in the heartland of America. SOLVONK4 offers one single ultrapure solvent that cleans better than Perc without any of the environmental or health-related concerns.
Neste, the Finnish producer of renewable fuels from waste and residues, acquired sole control and 51% of the shares of animal fat trader IH Demeter B.V., making Neste the controlling shareholder. The current owners shall remain as co-owners. The transaction is awaiting for and is subject to regulatory approval.