Titan Hemp, a leading provider of hemp commodities and extracts based in Seattle (USA), has formed a joint venture with Green Growers Technology Alliance (GGTA) to create a new company, Titan BioPlastics, a manufacturing and development entity focused on creating plant-based composites and products for a wide variety of manufacturing applications, including packaging, nanotechnology, bio-polymers, construction, and bioplastics.
There is a new Brazilian-Danish partnership in the world bioeconomy. Braskem, the Americas’ leading producer of thermoplastic resins, and Danish-based Haldor Topsoe, a world leader in catalysts and surface science, have signed a technological cooperation agreement to develop a pioneering route to produce monoethylene glycol (MEG) from sugar. The agreement calls for the construction of a demonstration plant in Denmark, with operation slated to begin in 2019.
ExxonMobil and Renewable Energy Group (REG) have demonstrated the ability to convert sugars from a variety of non-edible biomass sources into biodiesel by utilizing REG’s patented fermentation technology
Clariant, a world leader in specialty chemicals, will invest in a new full-scale commercial plant for the production of cellulosic ethanol from agricultural residues using its sunliquid® technology. The new plant, with an annual production capacity of 50.000 tons, will be built in the southwestern part of Romania. The facility will be a flagship site, confirming competitiveness and sustainability of the sunliquid® technology at commercial scale thus supporting Clariant’s sunliquid® licensing business strategy.
“The Ipo (Initial public offering, editor’s note) of Versalis is not yet in Eni’s plans”, Massimo Mondazzi, CFO of the Italian oil giant, said last Friday during a conference call with analysts answering the question about the chemical quotation hypothesis. “We want to maintain and strengthen Versalis, there are no Ipo projects. The option is not in the plans,” he said.
Finnish pulp and paper giant UPM moves forward with the development of biochemicals business by evaluating the potential of building a biorefinery in the Chemical Park Frankfurt-Höchst in Germany. The new-to-the-world biorefinery would combine novel technologies and utilize sustainable wood raw material in an innovative way. This opportunity is the outcome of more than five years of extensive technology development and piloting.
Australia-based Leaf Resources has secured a license for an innovative biodegradable coating product for the packaging market. The product is based on lignin and also utilizes glycerol, two of the products that Leaf’s Glycell process will produce. According to the company, “Leaf’s Glycell process break down plant biomass at lower temperature and pressure and generate a higher yield of cellulose than conventional approaches”.
Statoil, Shell and Total entered CO2 storage partnership. The three partners aims at maturing the development of carbon storage on the Norwegian continental shelf (NCS). The project is part of the Norwegian authorities’ efforts to develop full-scale carbon capture and storage in Norway.
Italian biochemicals multinational Mossi Ghisolfi is considering selling its Italian business in the biofuels sector as part of a restructuring deal, a source close to the matter said to the International press agency Reuters.
The company, Italy’s second-biggest chemicals business behind that of oil group Eni, has hired Mediobanca to run the process, the source said to Reuters.
A total of eight promising start-ups were invited to pitch at the event “Connecting Bright Innovations 2017” organised by Royal DSM and held this year in Delft (Netherlands), which focused on new and innovative products and biotechnologies for food, health and (bio)tech applications. A panel of expert venturing and innovation specialists is evaluating the pitches with a view to their suitability for further financing and partnering opportunities.