Stora Enso signed a new EUR 435 million bilateral loan with the European Investment Bank (EIB) to support the its growth in renewable, fiber-based consumer packaging board.
Avantium N.V., a leading company in renewable and circular polymer materials, started a strategic collaboration with leading textile innovators Auping, Monosuisse and Antex. This partnership – the Dutch company states – aims to develop PEF-based yarns, to be used in mattresses for Auping. “This collaboration demonstrates the broad potential of fibers and yarns made from Avantium’s PEF across different application areas, supporting the introduction of PEF to the everyday life of consumers.”
After successfully passing a selection process led by a panel of experts, Global Bioenergies joins the Groupement des Industries Françaises Aéronautiques et Spatiales (GIFAS), and in particular the StartAir club dedicated to start-ups. The aim of this club is to accelerate collaboration between start-ups and companies in the French aerospace industry.
UPM Biochemicals and Nokian Tyres, a leading developer and manufacturer of premium tires, are set for an industry first with its concept tire partly based on UPM BioMotion™ Renewable Functional Fillers (RFF). The partnership will launch UPM’s CO₂-negative Renewable Functional Fillers (From cradle to gate, considering biogenic carbon from UPM’s feedstock and purchasing 100% green electricity) into a new market segment and highlights the possibilities to use a lighter weight, 100% renewable alternative to traditional CO₂-intensive fillers.
“After several months of tests and trials, our teams have now a good control of our process and its critical steps. I welcome their resilience and determination to meet the challenges related to the unique and innovative nature of our process. Based on these achievements, we are very confident in our ability to ensure the start of continuous production of AFYREN NEOXY in 2024, and to make AFYREN a leading player in industrial green chemistry worldwide”. To say it is Nicolas Sordet, Chief Executive Officer of AFYREN, the greentech company that offers manufacturers bio-based, low-carbon ingredients produced using unique fermentation technology based on a completely circular model. The French company provided an update on recent activity of its AFYREN NEOXY plant during a visit organised for individual and institutional shareholders, and confirmed its target to start continuous production in 2024.
Roquette, a global leader in plant-based ingredients and a major supplier of pharmaceutical excipients, presented its life+nature program, aimed at renewing and strengthening its sustainability approach, and defining some ambitious targets for 2030. In the coming years, the group is committed to decarbonizing its activities by reducing its direct and indirect emissions, making its product offering more sustainable by systematically integrating eco-design, and continuing to put people at the heart of its strategy in terms of health, safety, well-being, ethics, diversity and inclusion – whether they are Roquette employees, customers, suppliers or the local communities where it operates.
Origin Materials, the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and Bachmann Group , a leading packaging production and logistics company, partnered to mass produce PET caps and closures.
FS Italiane Group and Eni have signed a Letter of Intent with the objective of developing joint initiatives aimed at accelerating the energy transition towards new energy sources. The collaboration between the two industrial groups will involve identifying new opportunities in the transport, energy and materials sectors through feasibility studies, analysis and experimentation with innovative technological solutions.
Chevron Corporation completed its previously announced acquisition of Renewable Energy Group, Inc. following approval by REG stockholders. “We have brought together companies with complementary capabilities, assets, and customer relationships to make Chevron one of the leading renewable fuels companies in the United States,” said Mark Nelson, executive vice president of Downstream & Chemicals for Chevron. “Chevron now offers our customers an expanded suite of cost-effective, lower carbon solutions that utilize today’s fleets and infrastructure.”
Evonik officially inaugurated its new sustainable biosurfactant plant together with key customers in Slovakia. The triple-digit million-euro facility is the first worldwide to manufacture industrial-scale quantities of rhamnolipid biosurfactants. These exceptionally high-quality, sustainable biosurfactants are already transforming the cleaning, beauty and personal care industries and have huge potential in many other applications.
IL BIOECONOMISTA 