The BMW Group and BASF joined forces for more sustainable vehicle coatings

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The BMW Group has chosen to use BASF Coatings’ CathoGuard® 800 ReSource e-coat at its plants in Leipzig, Germany, and Rosslyn, South Africa, and the iGloss® matt ReSource clearcoat throughout Europe. Using these more sustainable product versions for vehicle coatings enables CO2 avoidance of around 40% per coating layer; this will reduce the amount of CO2 emitted in the plants by more than 15,000 metric tons by 2030.

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BRAIN Biotech and Formo Bio joined forces to produce animal-free milk proteins

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BRAIN Biotech AG and Formo Bio GmbH launched a strategic collaboration to further advance the production of animal-free milk proteins. BRAIN Biotech is a leading industrial biotechnology company, Formo is a pioneering food-tech startup in the space of alternative milk protein. As experts in their field, the two German biotech companies are powering European innovation.

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UPM Biochemicals and KRAHN Chemie Deutschland signed an agreement to market new sustainable functional fillers

The construction site of the UPM biorefinery in Leuna, Germany

UPM Biochemicals and KRAHN Chemie Deutschland GmbH signed an exclusive distribution agreement to market UPM BioMotion Renewable Functional Fillers (RFF) in Germany, Austria and Switzerland. RFF are a completely new category of functional fillers, replacing fossil-based carbon black and precipitated silica. The distribution agreement covers UPM BioMotion X10, X20 and X40 product grades to be used in plastics, adhesives and sealants as well as paints and coatings.

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Elanco Animal Health and DSM joined forces to reduce greenhouse gas emissions from farming

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Elanco Animal Health Incorporated and DSM have created a strategic alliance connecting two leading, sustainability-focused companies to address one of society’s most significant opportunities of the decade, mitigating climate change by reducing greenhouse gas emissions from farming. Elanco has secured the exclusive U.S. licensing rights to develop, manufacture and commercialize Bovaer® for beef and dairy cattle. Bovaer® is a first-in-class and best-in-class methane-reducing innovative feed additive for beef and dairy cattle, already available in Europe, Brazil, Chile and Australia. More than 50 peer-reviewed studies and 48 on-farm trials in 14 countries show Bovaer® consistently reduces enteric methane emissions by approximately 30% for dairy cows and even higher percentages for beef cattle.

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Refuel Energy joined forces with Haldor Topsoe to construct a renewable fuel plant in Ontario

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Refuel Energy Inc. (Refuel) will construct a 3000 barrels per day renewable fuel plant in Southern Ontario, Canada. The proposed project, called Refuel YYZ, would supply the aviation and terrestrial fuel needs of the Greater Toronto area, home to 6 million Canadians, while lowering the CO2 emissions for the end users by up to 80%. It is also strategically located for exporting to the US Northeast.

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Bridgestone and LanzaTech will co-develop the first dedicated end-of-life tire recycling process

Paolo Ferrari and Jennifer Holmgren. Courtesy of LanzaTech

Bridgestone Americas, a global leader in tires and sustainable mobility solutions, signed an exclusive partnership with Carbon Capture and Transformation (CCT) company LanzaTech NZ to address end-of-life tire waste. The two companies will co-develop the first dedicated end-of-life tire recycling process leveraging LanzaTech’s proprietary CCT technology, creating a pathway toward tire material circularity and the decarbonization of new tire production.

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Repsol and Monarch Alternative Capital invested in Canadian Enerkem

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Enerkem in Westbury, Quebec

Canadian company Enerkem, a world leader in the production of low-carbon intensity biofuels and circular chemicals from waste materials, closed a new financing totaling $255 million. Repsol invests $170 million, of which $75 million is in Enerkem’s equity and $95 million in convertible debt. In doing so, Repsol joins existing shareholder Suncor Energy as a strategic shareholder to accelerate the adoption and deployment of Enerkem’s technology and to develop new projects in the Iberian Peninsula (Spain and Portugal). In addition, Monarch Alternative Capital, a new investor, is contributing $30 million to the round while Avenue Capital Group is reinvesting $30 million, both in convertible debt. Finally, there is $25 million reinvested in equity by some existing shareholders.

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Avantium and Sukano joined efforts in the development masterbatches for PEF

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Avantium N.V., a leading technology company in renewable chemistry, signed a conditional offtake agreement with Sukano AG, a reputable expert in additive and colour masterbatches and compounds for polyester and specialty resins. The masterbatches are tailored to impart properties to plastics and as such are an effective way to diversify and expand polymer applications. With PEF from Avantium’s FDCA Flagship Plant, Sukano will develop masterbatches for PEF resins, facilitating fast adoption in many diversified markets and thus accelerating the growth of PEF.

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Il Bioeconomista is the Best Bioeconomy Blog

Il Bioeconomista is the First Bioeconomy Blog but is also the best blog on the bioeconomy at global level. This is the result of an analysis done by Feedspot, which has a team of over 50 experts whose goal is to discover, rank and categorise popular blogs and podcasts.

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The Italian bioeconomy takes a step forward: Versalis and Novamont strengthen their partnership

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Matrìca plant in Porto Torres, Italy

Versalis and Novamont are strengthening their partnership to reinforce synergies in the ecological transition of green chemistry, leveraging what has been built so far to maximize spin-offs and seize new opportunities. The commitment to Matrìca – the joint venture set up in 2011 between Versalis and Novamont at Porto Torres specializing in manufacturing bioproducts from renewable sources – has been reconfirmed.

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