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.
Global Bioenergies’ process becomes one of the very few Sustainable Aviation Fuel (SAF) technologies in the world certified by ASTM International. Global Bioenergies’ fuel can now be blended up to 50% with fossil kerosene in existing airplanes, the French company claims.
Chaire CoPack, in partnership with AgroParisTech and the University of Montpellier, has conducted a scientific study that validates the biodegradation of certified compostable food contact packaging in industrial composting facilities. The preliminary report of this study provides conclusive evidence that certified compostable packaging is a viable sustainable solution to waste management in the food packaging industry.
New legislation to tackle waste by improving recycling rates and increasing reuse has been published by the Scottish Government. The Circular Economy (Scotland) Bill was introduced by Lorna Slater MSP, the Minister for Green Skills, Circular Economy and Biodiversity. The ambition of a circular economy is to generate a society where products are used and re-used for as long as possible, maximising their value and minimising waste, and where by-products are captured and used to create additional valuable commodities.
Afyren, a Lyon-headquartered greentech company, that offers manufacturers bio-based, low-carbon ingredients produced using unique fermentation technology based on a completely circular model, announced significant progress in production at the Afyren Neoxy plant and the delivery of the first lots of biobased organic acids.
The future of packaging is circular and to be achieved with solutions that are net positive for both climate and biodiversity. This future is already taking shape in Oulu, a city in northern Finland, where the foundation stone for Stora Enso’s new board line was laid on 30 May.
Trollhättan-Vänersborg Airport in the southwestern part of Sweden, will be the first airport in the world to offer only blended sustainable aviation fuel (SAF) for all aircraft refueling at the airport, which will significantly reduce greenhouse gas (GHG) emissions of departing flights. Neste will supply its Neste MY Sustainable Aviation Fuel™ to the Trollhättan airport in a 30-40% blend with conventional jet fuel and the airport will make it available for refueling by the end of June.
BASF will expand its global alkyl polyglucosides (APG®s) production capacity with two expansions at its sites in Bangpakong, Thailand, and Cincinnati, Ohio. By expanding in two regions in parallel, BASF, the global market leader for APGs, can strengthen its position and serve customers even faster and more flexible from the regional supply points, while at the same time reducing cross-regional volume flows. The additional capacities are expected to come on stream in 2025.
IL BIOECONOMISTA 