Material manufacturer Covestro and biotechnology pioneer Genomatica announced an important industry milestone to advance sustainability resulting from their partnership. The two companies have teamed to be the first to successfully produce significant volumes of a plant-based version of the chemical raw material HMDA (hexamethylenediamine).
LanzaJet, a sustainable fuels technology company and renewable fuels producer, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia, through the Microsoft Climate Innovation Fund. The Microsoft Climate Innovation Fund has made a $50M investment to support the construction of LanzaJet’s (and the world’s) first alcohol-to-jet sustainable aviation fuel (SAF) production plant. The innovative structure of Microsoft’s financing will enable LanzaJet to bring lower-cost sustainable aviation fuel and renewable diesel to the global market.
Aviation fuel supplier ExxonMobil has reached an agreement with sustainable aviation fuel (SAF) producer Neste to commercially distribute Neste MY Sustainable Aviation Fuel at France’s largest airports. The move comes after the French Government introduced the 1% SAF mandate, which has come into force from 1 January.
Brazilian state-run oil company Petrobras said on Friday it expects to sell 100% of its preferred stake in petrochemical producer Braskem SA by February. The detailed timeframe came after Petrobras announced earlier in the day that the move was planned for the first quarter of 2022.
Neste signed its first renewable hydropower purchase agreement with Vattenfall, one of Europe’s largest producers and retailers of electricity and heat. Vattenfall will deliver the hydropower from its Nordic hydropower plants and the deliveries will start at the beginning of January 2022.
The bioeconomy is key to our future! We are a community of business leaders working to solve our world’s greatest challenges. I am honored to be named among these visionaries and grateful to the readers of Il Bioeconomista for taking such a big interest in the work we all do. To say it – in this exclusive interview with Il Bioeconomista – is Jennifer Holmgren, the Most Innovative Bioeconomy CEO 2021 according to our readers. She talks about this recognition but above all about the bioeconomy and our carbonsmart future.
Versalis, Eni’s chemical company, and BTS Biogas, an Italian company in the building and managing sector of biogas plants, have agreed to develop and commercialise an innovative technology for the production of biogas and biomethane from residual lignocellulosic biomass.
Avantium signed a strategic supply agreement with Tereos Cooperative Group, whereby Avantium Renewable Polymers will purchase high fructose syrup made from European wheat as the feedstock for the planned FDCA (furandicarboxylic acid) Flagship Plant in Delfzijl. The multi- year agreement secures 100% bio-based and local feedstock for the flagship plant. Avantium’s FDCA Flagship Plant will be the world’s first factory to produce FDCA (furandicarboxylic acid) on a commercial scale, with a capacity of 5 kiloton per annum. FDCA is the key building block of the 100% plant-based, recyclable plastic material PEF (polyethylene furanoate) which also has functional advantages compared with fossil fuel derived plastics.
Suntory Group, as a crucial step toward its aim to use 100% sustainable PET bottles globally by 2030 and eliminate all petroleum-based virgin plastic from its global PET supply, has successfully created a prototype PET bottle made from 100% plant-based materials. The prototype has been produced for the company’s iconic Orangina brand in Europe along with its best-selling bottled mineral water brand in Japan, Suntory Tennensui. This achievement marks a breakthrough after a nearly decade-long partnership with the US-based sustainable technology company Anellotech.