Neste Corporation, Gasgrid Finland Ltd, Helen Ltd, and Vantaa Energy Ltd have in collaboration started preliminary studies on the development of an industrial hydrogen valley in the Uusimaa region, Finland. This joint effort is a step forward in driving Finland towards a leading hydrogen economy in Europe that creates industrial investment opportunities and supports Finland’s and Europe’s carbon neutrality goals.
Florence, Italy, will be the capital of circular bioeconomy from 27 to 29 September. The International Forum on Industrial Biotechnology and Bioeconomy (IFIB) will be held in this beautiful city this year at the Innovation Center of Fondazione CR Firence.
Virgin Atlantic and Rolls-Royce confirmed the successful Sustainable Aviation Fuel (SAF) blend ground test on the Rolls-Royce Trent 1000 engine. The test marks a key milestone in the project which will see the world’s first 100% SAF flight travel across the Atlantic from London Heathrow to New York JFK on a Boeing 787 Dreamliner, set to take off on 28 November 2023.
Origin Materials, California-headquartered carbon negative materials company with a mission to enable the world’s transition to sustainable materials, began startup of Origin 1, the world’s first commercial CMF plant, located in Sarnia, Ontario, in-line with prior guidance.
Circa Group AS has applied for patents for two new solvents for CO2 capture processes. As both the interest and the urgency to capture and transform carbon dioxide (CO2) emissions increases, Circa has developed two new CO2 solvents from its platform molecule, levoglucosenone (LGO).
On 6 and 7 July, the partners of B-FERST, a project financed by Bio Based Industries Join Undertaking (now CBE JU) under the Horizon 2020 program, met in Caserta to discuss developments in project activities and define the following actions to be undertaken.
Avantium, a leading technology provider in renewable chemistry headquartered in the Netherlands, agreed to partner with SCG Chemicals Public Company Limited, a leading integrated chemical player in Asia and an innovator of chemical innovations and solutions. Under this partnership, Avantium and SCGC agreed to further develop CO2-based polymers and to scale-up to a pilot plant with an indicative capacity of 10 tonnes per annum.
Eni Sustainable Mobility Spa and PBF Energy Inc. announced the closing of a 50-50 joint venture partnership in St. Bernard Renewables LLC (SBR), an operating biorefinery co-located with PBF’s Chalmette Refinery in Louisiana (US). PBF’s affiliate contributed the biorefinery and other assets comprising the business to SBR and Eni Sustainable Mobility’s affiliate has committed to make capital reimbursements and contributions totaling $835 million to PBF, of which $431 million was paid at closing. The remainder of the total consideration will be contributed by Eni Sustainable Mobility upon start-up of the pre-treatment unit (“PTU”). An additional $50 million in contingent consideration will be paid by Eni Sustainable Mobility subject to the achievement of certain project milestones and performance criteria.
The Biden-Harris Administration released a new action plan to rapidly and equitably expand biotechnology and biomanufacturing education and job training programs in the United States. The action plan accompanies the second round of the Administration’s Investing in America tour, where President Biden, Vice President Harris, First Lady Jill Biden, Cabinet members, and Senior Administration Officials will visit communities benefitting from the historic levels of private sector investments mobilized by the President’s Investing in America Agenda. Since the beginning of the Biden-Harris Administration, private companies have announced $470 billion in manufacturing and clean energy investments, including in biomanufacturing.
IL BIOECONOMISTA 