Bioeconomy stakeholders are gathering in Bari at IFIB to shape our sustainable future

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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.

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Neste and Marathon established a 50/50 JV to produce renewable diesel in California

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Neste’s headquarter in Espoo, Finland

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).

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New study analyses how forests and wood use can help meet climate goals

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Marc Palahi at the European Bioeconomy Investment Summit in Helsinki (2017)

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.

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The market for bioplastics used in packaging is anticipated to reach USD 16.6 billion by 2027

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Novamont’s Headquarter in Novara (Italy)

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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DSM is accelerating its GHG emissions reduction efforts

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Headquarter of Royal DSM in Heerlen (The Netherlands)

Royal DSM, a global purpose-led science-based company, pledges to purchase all of its electricity worldwide from renewable sources as well as further reduce greenhouse gas (GHG) emissions from its own operations faster with stringent new 2030 sustainability targets.

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Afyren takes a step forward in the field of cosmetics and nutraceuticals

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Nicolas Sordet, CEO AFYREN

AFYREN, a French greentech company that offers manufacturers bio-based, low-carbon products made using technology based on natural micro-organisms, has signed two new commercial contracts for organic acids produced at its AFYREN NEOXY factory. The deals, involving a European and an American player, are for applications in the field of cosmetics and nutraceuticals.

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Basf and Sulzer Chemtech joined forces to advance technologies for renewable fuels

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Headquarter of Basf in Ludwigshafen

Basf and Sulzer Chemtech (GTC Technology) have signed a Memorandum of Understanding (MoU) with the goal of advancing technologies for renewable fuels and chemically recycled plastics that will further expand the partners’ portfolio of sustainable solutions. The companies agreed to enter a strategic partnership to reduce the carbon intensity of renewable diesel and aviation fuel. They will also drive the development of innovative, cost-effective chemical processing solutions to improve the conversion of plastic waste into new plastics. The collaboration combines complementary areas of expertise, integrating Sulzer Chemtech’s capabilities in licensed processing technologies and mass transfer equipment with BASF’s cutting-edge high-performance adsorbents and catalysts.

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UPM and Dongsung joined forces to introduce sustainable forest-based materials into the Asian market

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UPM and Dongsung Chemical announce a development partnership that will accelerate the introduction of renewable, sustainable forest-sourced materials into the Asian market and reduce fossil resource consumption.

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Avantium and AmBev signed an offtake agreement on PEF for soft drink bottles

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Avantium’s pilot plant in The Nerherlands

Avantium N.V., a leading technology company in renewable chemistry, signed an offtake agreement with AmBev, the Brazilian brewing company, part of the AB InBev Group, the largest beer company in the world. AmBev will purchase PEF (polyethylene furanoate) – a 100% plant based and recyclable alternative to plastic – from Avantium’s Flagship Plant and will use it to make bottles for its soft drinks portfolio.

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Neste and Hellenic Petroleum Group entered into an agreement for the distribution of SAF on flights by Aegean Airlines

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Neste and HELLENIC PETROLEUM Group have entered into an agreement for the commercial distribuito of Neste MY Sustainable Aviation Fuels on flights by Aegean Airlines, the leading air carrier in Greece. HELLENIC PETROLEUM Group, through its subsidiary EKO, will ensure the supply of Neste-produced sustainable aviation fuel (SAF) on AEGEAN flights departing from its Thessaloniki Airport “Makedonia” hub. Flights from Athens International Airport are expected to follow soon, as Neste announced.

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