Novonesis will expand its facility in Patalganga and build one of the world’s most advanced enzyme production facilities. The €600 million investment will increase Novonesis’ production capacity to meet rising worldwide demand for the company’s biosolutions and strengthen the flexibility and resilience of its global supply network.
CEO Tom Van Aken and Her Majesty Queen Maxima. Source: Avantium
Avantium N.V., a leader in renewable and circular polymer materials, and Sukano AG, a global specialist in additive and colour masterbatches for polyesters, biopolymers, and specialty resins headquartered in Switzerland, has signed a capacity reservation agreement for Avantium’s PEF (polyethylene furanoate), marketed as releaf®. Masterbatches are specialty additive and colour concentrates that improve plastics performance during manufacturing and amplify its properties in multiple end-use applications. The agreement builds on the collaboration and conditional offtake agreement the two companies entered into in 2022 to develop masterbatches for PEF and marks a further step toward the commercial adoption of releaf® across a broad range of packaging, consumer goods and specialty applications.
BASF Agricultural Solutions is investing a low double-digit million-euro amount in a new Climate Center at its headquarters in Limburgerhof, Germany. The purpose-built facility will strengthen the company’s research and regulatory capabilities and support the generation of scientific data required for the registration of crop protection products worldwide.
Eni and SONATRACH signed a new Memorandum of Intent aimed at expanding cooperation between the two companies in the promotion of concrete initiatives for the decarbonisation of the Oil & Gas sector and the reduction of emissions in Algeria, while adopting international best practices. The agreement represents a further evolution of the cooperation pathway launched in January 2023 with the signing of a three-year Memorandum of Intent dedicated to reducing gas flaring, valorising recovered gas, and mitigating emissions associated with upstream activities in Algeria.
The Finnish company is investing 24 million € in a new production line for Muoto food packaging in Äänekoski, Finland. Metsä Group’s Muoto™ products can be used instead of plastic in food packaging for applications that are more demanding, for example. As for Metsä’s other innovation projects, the development of the lignin product and carbon capture is continuing as planned, but the conditions for the Kuura textile fibre project are estimated to have changed significantly due to the global market situation.
On October 1-2, Rome, Italy, will be the center of gravity of world bioeconomy. The Italian city capital will host the International Forum on Industrial Biotechnology. IFIB will be held at the WeGil hosted by Lazio Innova and Lazio Region. With more than 200 delegates in attendance from approximately 25 different countries from all around the world, also thanks to a partnership with the Italian Trade Agency, the conference truly succeeds one more time in its ambitions aim to be one of the leading bioeconomy events at global level.
A high-level delegation led by Varawut Silpa-archa, Minister of Industry of Thailand, visited NatureWorks’ manufacturing site at the Nakhon Sawan Biocomplex (NBC). The visit – the American company claims – follows the successful inauguration of the site on April 29, 2026, and highlights the role of public-private collaboration in advancing Thailand’s sustainable industrial development and bioeconomy ambitions.
Metsä Group and Qutwo, a Finnish AI and quantum technology company, are launching a collaboration aimed at deepening the use of artificial intelligence at Metsä and bringing next-generation AI into the core processes of the forest industry. Next-generation AI refers to solutions that can take into account a broader range of variables and simultaneously optimise complex systems.
Stora Enso has published its Circularity Plan, aligned with the first version of the Global Circularity Protocol for Business (GCP), and introduced a new target to increase material circularity in its direct operational control. The plan outlines the company’s comprehensive approach to advancing circularity, including target setting and the integration of circular economy principles into its strategy and daily operations.
Eni and BMW Group signed an agreement to power the BMW vehicles of corporate fleets in Italy with HVOlution (Hydrotreated Vegetable Oil), a diesel biofuel that is produced from 100% renewable feedstocks by Enilive. Enilive is Eni’s company dedicated to products and services for a more sustainable mobility. With an approach that aims to support a successful energy transition through the usage of all available technologies, the BMW Group considers 100% pure HVO as an important solution towards an “Eligible Fuels only-fleet” for its customers, and as an effective product that can immediately contribute to decarbonize road transport. In 2025, across the entire supply chain, the average CO₂eq emissions reduction of Enilive HVO was 79.5% compared to the reference fossil mix.