“The crises, while tragic, created an opportunity to rethink security of supply in terms of where things are manufactured, and DMC is positioned to lead the change. It has taken time to get to this point. Nobody really saw the benefit of shortening supply chains until we had these recent crises. And all of a sudden, everyone is talking about logistics.” Kelly Smith, VP R&D at DMC Biotech talks with Il Bioeconomista.
Interview by Mario Bonaccorso
LanzaTech, an innovative Carbon Capture and Transformation (“CCT”) company that transforms waste carbon into materials such as sustainable fuels, fabrics, packaging, and other products that people use in their daily lives, signed a funding partnership with Brookfield Renewable, and its institutional partners, to co-develop and build new commercial-scale production plants that will employ LanzaTech’s CCT technology, which transforms captured carbon into valuable raw material commodities.
The high-level conference ‘The Bioeconomy – Enabling the European Green Deal in Challenging Times’ is taking place today in the Charlemagne building in Brussels. The EU Commission is presenting the findings of the EU Bioeconomy Strategy Progress Report, adopted in June 2022, and is highlighting the role of bioeconomy policy to enhance policy coherence and system thinking.
A new partnership between Stora Enso and EcoTelligent Oy will establish mass timber as the material of choice for telecommunication support structures. The collaboration is set to provide an alternative that will reduce the dependency on steel and concrete in telecom masts, through sustainable towers that naturally blend in with the environment.
Bari is the world capital of the bioeconomy. The International Forum on Industrial Biotechnology and Bioeconomy (IFIB) is taking place in Apulia this year at the Bari Chamber of Commerce. And it is completely physical.
With more than 170 delegates in attendance from approximately 20 different countries from all around the world, the conference truly succeeds one more time in its ambitions aim to be one of the leading bioeconomy event at global level.
Neste and Marathon closed the transaction for the establishment of the joint venture to be called Martinez Renewables. This is a 50/50 joint venture to produce renewable diesel following a conversion project of Marathon’s refinery in Martinez, California (the Martinez Renewable Fuels project).
Forests and forestry play a key role in policy targets to achieve climate neutrality. In a comprehensive new European Forest Institute study, a multidisciplinary team of 12 authors from 7 countries have analysed how much forests and wood use can contribute to climate change mitigation, and how that contribution can be maximised.
Swiss sports brand On presented the first shoe made from carbon emissions, called Cloudprime. This is a significant moment in On’s journey to move away from petroleum-based resources by creating a new foam material called CleanCloud™, made using carbon emissions as a raw material. On is the first company in the footwear industry to explore carbon emissions as a primary raw material for a shoe’s midsole, specifically EVA (ethylene vinyl acetate) foam, that could also be used in other shoe parts and products in the future.
President Biden signed an Executive Order to launch a US National Biotechnology and Biomanufacturing Initiative that “will ensure we can make in the United States all that we invent in the United States. This Initiative will create jobs at home, build stronger supply chains, and lower prices for American families”. Yesterday, the White House hosted a Summit on the National Biotechnology and Biomanufacturing Initiative during which cabinet agencies announced a wide range of new investments and resources that will allow the United States to harness the full potential of biotechnology and biomanufacturing and advance the President’s Executive Order.
The market for bioplastics used in packaging is anticipated to reach USD 16.6 billion by 2027, with a CAGR of 9.5 percent from 2013 to 2021, and is now valued at USD 10.5 billion in 2022. According to the FMI analysis, the market for bioplastics used in packaging would grow by 1.7 times its value from the base year during the course of the forecast year, creating lucrative investment prospects for the industry.
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