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Ryanair and Enilive: a common goal to fuel a more sustainable aviation

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Eni
Headquarter of Eni in San Donato Milanese (Milan)

Ryanair, Europe’s no.1 airline, and Enilive, a company directly controlled by Italian company Eni which holds 100% of its share capital, signed a Letter of Intent (LOI) for the long-term supply of Enilive sustainable aviation fuel (SAF) at selected Ryanair airports across Italy, further advancing the airline’s Pathway to Net Zero by 2050 decarbonization strategy. This agreement with Enilive would enable Ryanair to access to up to 100,000 tons (33m gallons) of SAF between 2025 and 2030 (equiv. to 20,000 flights from Milano Malpensa Airport to Dublin).

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An exclusive interview with Thomas Philipon, CEO TotalEnergies Corbion: “Today the European Commission is at a crossroad when it comes to bioplastics, and it needs to tell us where they intend to go”

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Thomas Philipon is the CEO of TotalEnergies Corbion, a global leader in the marketing, sales and production of PLA (Poly Lactic Acid). He is also the Most Innovative Bioeconomy CEO 2023 according to the readers of Il Bioeconomista. In this exclusive interview with us, Philipon talks about the meaning of innovation in the bioeconomy, the role played by TotalEnergies Corbion and above all the European legislative framework to support the ecological transition, in comparison with USA and China. “Europe – he states – is leading in the bioeconomy, but needs to support sectors like bioplastics, otherwise the risk is that we develop the know-how, but other areas of the world (USA and China), will scale up the production of these products”.

Interview by Mario Bonaccorso

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Global Bioenergies starts a new phase in its collaboration with Shell to develop low-carbon road fuels

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Marc Delcourt
Marc Delcourt, co-founder and CEO of Global Bioenergies

Global Bioenergies, France-headquartered company which is a key player in industrial biotechnology, signed a new development contract with Shell Global Solutions (Deutschland) GmbH to further develop low carbon road fuels. While the previous phases of the collaboration, starting at the end of 2022, were dedicated to exploring different potential options based on proprietary Global Bioenergies’ technology, the aim now is to focus on one specific route.

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IBioIC secures funding to continue growth of Scotland’s bioeconomy

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There is a Scottish bioeconomy beyond Brexit. The Industrial Biotechnology Innovation Centre (IBioIC) has been awarded long-term investment from the Scottish Funding Council (SFC), securing its position at the forefront of Scotland’s emerging bioeconomy. The commitment, announced by the First Minister yesterday, will enable the innovation centre to continue the development of a greener economy and support Scotland’s transition to net zero. Industrial biotechnology explores the creation of more sustainable materials, consumer goods and pharmaceuticals by using bio-based alternatives to petrochemicals.

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Lallemand completed acquisition of Evolva

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Lallemand Inc, a global leader within industrial biotechnology headquartered in Montreal (Canada), confirmed the closing in December 2023 of the acquisition by its subsidiary Danstar Ferment AG of Swiss biotechnology business Evolva AG from Evolva Holding AG. The transaction which was originally announced to the Swiss Stock Exchange on 21 November 2023 was approved by Evolva Holding shareholders at an extraordinary general meeting on 21st December 2023.

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Mogu raises €11 million in series A funding round supporting further industrialisation of its mycelium-based technologies

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Mogu Srl, Italy-headquartered company which transforms low-value materials and residues from agro-industry into functional and high-value products, has successfully secured the backing of CDP Venture Capital, European Circular Bioeconomy Fund (ECBF VC), Kering Ventures, and Progress Tech Transfer, as part of a € 11 million series A funding round, who have taken equity stakes to allow for further industrial scaling of the company’s technologies behind their key verticals and brands, EPHEATM and MOGU.

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Happy New Year

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Dear Readers,

we want to wish all of you a very happy, peaceful and healthy year, where we all will keep working together to make the circular bioeconomy happen.

Repsol receives the first ship carrying used cooking oil for its new renewable fuels plant in Cartagena

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Buque con aceite usado en el complejo industrial de Cartagena

Repsol’s industrial complex in Cartagena received the first ship with used cooking oil to be used as a raw material in Spain’s first renewable fuels plant. The ship, that arrived from Huelva in southern Spain, unloaded 7,500 tons of used cooking oil.

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Neste’s crude oil refinery in Finland to be gradually transformed into a renewables and circular solutions refining hub

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Neste begins a gradual transformation of its crude oil refinery in Porvoo, Finland into a leading renewable and circular solutions refining hub. The planned transformation will proceed in phases, and requires multiple separate investment decisions during the next decade before targeted completion in the mid 2030s. 

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Metsä Group invested in Swedish startup FineCell that turns pulp into added-value biomaterial

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Metsä - Kuura
Metsä – Kuura

Metsä Group made its second Swedish investment in FineCell, developer of the FineCell technology and producer of CellOx dry cellulose powder. The company will use the €1 million seed funding to improve its material application know-how, engage with potential customers, and finalise the material needed for making an investment decision concerning a demo production facility. The funding round lead by Metsä Group’s innovation company Metsä Spring consists of a group of investors, including EIT InnoEnergy and the company’s founder. 

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