Cargill and Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, established a new joint venture, Avansya, to significantly reduce calories in their offerings to consumers. Together, the companies will produce highly sought-after, sweet-tasting molecules, such as steviol glycosides Reb M and Reb D through fermentation, giving food and beverage manufacturers an even more scalable, sustainable and low cost-in-use solution than if these same molecules were extracted from the stevia leaf.
Unilever and Bio-on started a strategic partnership to develop, produce and sell personal hygiene and care products that guarantee a smaller or no environmental impact. Using patented bio-technologies for natural, biodegradable microplastics production, Unilever and Bio-on are taking an important step towards building a more sustainable economy and more responsible consumption in the personal care sector.
US companies Phillips 66 and Renewable Energy Group, Inc. joined forces for the construction of a large-scale renewable diesel plant on the U.S. West Coast. The plant would utilize REG’s proprietary BioSynfining® technology for the production of renewable diesel fuel. Planned feedstocks include a mix of waste fats, oils and greases, including regionally-sourced vegetable oils, animal fats and used cooking oil.
Neste, the Espoo-based world’s leading provider of sustainable renewable diesel and an expert in delivering drop-in renewable chemical solutions, and Clariant, a world leader in specialty chemicals, signed an agreement for a new partnership to join forces in developing and making new sustainable material solutions accessible to a variety of industries.
Nouryon (formerly AkzoNobel Specialty Chemicals), Tata Steel and the Port of Amsterdam have joined together to study the feasibility of a large green hydrogen cluster in the Amsterdam region. The three parties consider green hydrogen as vital for reaching climate targets and building a more circular economy, for example by combining it with emissions from steel manufacture to make new products.
“Avantium is a big story in the bioeconomy, but the relationships with big companies as investors are not easy”. To say it at the Sustainable & Circular Bioeconomy Conference in Brussels on October 22 was Jos Peeters, managing partner, founder and director of Capricorn Venture. Indeed, Avantium and BASF are in a dispute about the future of their Synvina joint venture. The companies disagree on the timing for the fulfilment of the criteria to invest in the commercial-scale plant for FDCA (furandicarboxylic acid).
World’s largest pension fund GPIF (Government Pension Investment Fund) of Japan is now supporting the Climate Action 100+ Initiative, adding further significant momentum in global growth of the investor-led corporate engagement initiative.
“The Bio-based industry grows really strong in confidence. In just a few years, it moved mountains by creating new value chains. This means new partnerships between sectors that never worked together before”. Dirk Carrez, executive director of BIC, which represents the private sector in a Public-Private Partnership (PPP) with the European Commission, also known as the Bio-based Industries Joint Undertaking (BBI JU), talks to Il Bioeconomista. In this long interview with us he talks about the main achievements of the bio-based industry in Europe and its new vision 2050. “Only with a renewed BBI JU will we be able to effectively work towards realising the Circular Bio-Society”, he says.
Interview by Mario Bonaccorso
Italian bioplastics company Bio-on signed today an agreement with the Russian TAIF JSC group, which will acquire a license to build the Russian Federation’s first plant producing 100% natural and biodegradable PHAs bioplastic, in the Republic of Tatarstan.
“You know, the name of our company is Italian. Anello (ring in English) wants to mean the circularity, but also the bond as it is represented by the wedding ring”.
It is very pleasant to talk with David Sudolsky, one of the entrepreneurs who is making the bioeconomy happen at global level. He co-founded Anellotech in 2008, secured the initial angel funding for the company, recruited the management team and scientific advisory board, and is leading the expansion of the company.
The company based in New York develops a technology platform for producing petrochemicals and transportation fuels from renewable non-food biomass.
Interview by Mario Bonaccorso