In November 2022, Neste announced that it would acquire the used cooking oil (UCO) collection and aggregation business and related assets on the US West Coast from Crimson Renewable Energy Holdings, LLC. The acquisition has been approved by regulatory authorities, and the transaction has been closed.
Finnish company Valmet will deliver boiler conversions and emission reduction solutions for Veolia Group’s Hungarian subsidiary CHP-Invest Kft at its power plant in Oroszlány, Hungary. The order includes the conversion of two coal-fired boilers to bubbling fluidized bed combustion to enable the boilers to run mainly on biomass fuel. The order is included in Valmet’s orders received of the fourth quarter 2022. The value of the order is approximately 25 million euros. The converted boilers will be handed over to the customer in the first and second quarter of 2024.
Finnish companies Metsä Group and VR are intensifying their cooperation on sustainability in logistics and have agreed a new joint target to halve emissions from transport covered by their cooperation by 2030. In addition, Metsä Group aims to transfer some of its current road transports to railways. For Metsä Group, the measures would represent a total emission reduction of around 14,000 tCO2e per year, which is equivalent to more than 25,000 average lorry journeys.
Dear Readers,
thank you very much, again. 2022 was another great year for Il Bioeconomista, which continues to be considered as the most authoritative blog at world level. The bioeconomy is increasingly a phenomenon that attracts the attention of global public opinion and gratifies us as journalists, observers of a reality that we have always defined as the industrial revolution of the Third Millennium.
Today, a little more than 10 years since its foundation, we can say that Il Bioeconomista confirms itself as the world’s leading blog on bieconomy. Thank you so much. Our readers are mainly Europeans, but a growing number of readers are from the United States, Turkey, Canada, Brazil, India, Australia and Malaysia.
For us, it’s a tremendous encouragement to move forward, to offer you a blog that informs and promotes discussion on bioeconomy. The year that has just ended was very important for the global bioeconomy, with significant progress in terms of industry, research and awareness of the institutions, with the launch of the US National Biotechnology and Biomanufacturing Initiative.
We are sure that 2023 will be another important year for the implementation of the bioeconomy. We will be again on your side to tell the facts and continue growing.
Happy new year!
Mario Bonaccorso
Plans for the world’s first commercial-scale factory to transform waste gases into sustainable jet fuel have moved a step closer before Christmas. LanzaTech UK Ltd., a subsidiary of LanzaTech NZ, Inc., an innovative Carbon Capture and Transformation (“CCT”) company, announced that its DRAGON facility project has received a £25M (~$31M, €28,37M) grant from the UK Department for Transport’s Advanced Fuels Fund Competition. LanzaTech’s Project DRAGON, which stands for Decarbonizing and Reimagining Aviation for the Goal Of Netzero, will convert waste gases into synthetic kerosene for use in sustainable aviation fuel (SAF).
Evonik has launched a non-animal-derived squalene suitable for vaccines and other pharmaceutical applications. PhytoSquene® is the first known amaranth oil-derived squalene on the market for use in adjuvants in parenteral dosage forms. It meets the demand for a secure commercial supply of non-animal-derived squalene. Non-GMP samples of PhytoSquene® are available immediately with GMP quality to follow in 2023.
Our readers have voted. The most innovative bioeconomy CEO 2022 is Tom van Aken, CEO of Avantium, the Dutch company that is a pioneer in the emerging industry of renewable and sustainable chemistry. Avantium is headquartered in Amsterdam, employing approximately 200 people, with extensive R&D laboratories and three pilot plants in Geleen and Delfzijl, the Netherlands.
The circular bioeconomy is innovation, the result of the skills and passion of researchers and managers able to create value and new high-qualified jobs, reconciling economy, society and the environment. At the end of 2014 Il Bioeconomista launched a new initiative: The 10 Most Innovative Bioeconomy CEOs.
We have asked a panel of world bioeconomy experts to tell us the Chief Executive Officers that have stood out as the most innovative during the last year.
Now we ask you to choose the most innovative CEO responding to our survey (open till December 13 at 7 am, Western European Time).
The most innovative CEO 2016 was Ken Richards (CEO of Leaf Resources, Australia)
The most innovative CEO 2017 was Tony Duncan (CEO of Circa Group, Australia)
The most innovative CEO 2018 was Jürgen Eck (CEO of BRAIN AG, Germany)
The most innovative CEO 2019 was Alex Michine (CEO of MetGen, Finland)
The most innovative CEO 2020 was Simão Soares (CEO of SilicoLife, Portugal)
The most innovative CEO 2021 was Jennifer Holmgren (CEO of LanzaTech, USA)
This is the result of 2022 (in alphabetical order)
Catia Bastioli, Novamont (Italy)
Dominique Boies, Enerkem (Canada)
Mathieu Flamini, GFBiochemicals (France)
Jennifer Holmgren, LanzaTech (USA)
Philippe Lacamp, SkyNRG (The Netherlands)
Matt Lipscomb, DMC Biotechnologies (USA)
Eric A. McAfee, Aemetis (USA)
Christophe Schilling, Genomatica (USA)
Nicolas Sordet, Afyren (France)
Tom van Aken, Avantium (The Netherlands)
Stora Enso has received regulatory approval from the EU Commission to proceed with the acquisition of De Jong Packaging Group, announced in September 2022. Closure of the transaction is still ongoing and expected to be finalised at the beginning of 2023. The Nordic company acquires De Jong Packaging Group, based in the Netherlands, for an enterprise value of approximately EUR 1,020 million. This acquisition will advance Stora Enso’s strategic direction, accelerate revenue growth and build market share in renewable packaging in Europe. De Jong Packaging Group is one of the largest corrugated packaging producers in the Benelux countries. Its product portfolio and geographic presence will complement and enhance Stora Enso’s offering, especially in fresh produce, e-commerce and industrial packaging.
German chemical giant Basf presented its current research projects and examples of innovation for various value chain steps. The event focused on technologies where microorganisms contribute to greater sustainability. Our researchers worldwide are working on innovative solutions to tap alternative raw material sources and to develop climate-friendly production processes and products, said Melanie Maas-Brunner, member of the Board of Executive Directors of Basf SE and Chief Technology Officer.
IL BIOECONOMISTA 