LanzaTech, an innovative Carbon Capture and Transformation (“CCT”) company that transforms waste carbon into materials such as sustainable fuels, fabrics, packaging, and other products that people use in their daily lives, signed a funding partnership with Brookfield Renewable, and its institutional partners, to co-develop and build new commercial-scale production plants that will employ LanzaTech’s CCT technology, which transforms captured carbon into valuable raw material commodities.
A new partnership between Stora Enso and EcoTelligent Oy will establish mass timber as the material of choice for telecommunication support structures. The collaboration is set to provide an alternative that will reduce the dependency on steel and concrete in telecom masts, through sustainable towers that naturally blend in with the environment.
Bari is the world capital of the bioeconomy. The International Forum on Industrial Biotechnology and Bioeconomy (IFIB) is taking place in Apulia this year at the Bari Chamber of Commerce. And it is completely physical.
With more than 170 delegates in attendance from approximately 20 different countries from all around the world, the conference truly succeeds one more time in its ambitions aim to be one of the leading bioeconomy event at global level.
Neste and Marathon closed the transaction for the establishment of the joint venture to be called Martinez Renewables. This is a 50/50 joint venture to produce renewable diesel following a conversion project of Marathon’s refinery in Martinez, California (the Martinez Renewable Fuels project).
Forests and forestry play a key role in policy targets to achieve climate neutrality. In a comprehensive new European Forest Institute study, a multidisciplinary team of 12 authors from 7 countries have analysed how much forests and wood use can contribute to climate change mitigation, and how that contribution can be maximised.
The market for bioplastics used in packaging is anticipated to reach USD 16.6 billion by 2027, with a CAGR of 9.5 percent from 2013 to 2021, and is now valued at USD 10.5 billion in 2022. According to the FMI analysis, the market for bioplastics used in packaging would grow by 1.7 times its value from the base year during the course of the forecast year, creating lucrative investment prospects for the industry.
Royal DSM, a global purpose-led science-based company, pledges to purchase all of its electricity worldwide from renewable sources as well as further reduce greenhouse gas (GHG) emissions from its own operations faster with stringent new 2030 sustainability targets.
AFYREN, a French greentech company that offers manufacturers bio-based, low-carbon products made using technology based on natural micro-organisms, has signed two new commercial contracts for organic acids produced at its AFYREN NEOXY factory. The deals, involving a European and an American player, are for applications in the field of cosmetics and nutraceuticals.
Basf and Sulzer Chemtech (GTC Technology) have signed a Memorandum of Understanding (MoU) with the goal of advancing technologies for renewable fuels and chemically recycled plastics that will further expand the partners’ portfolio of sustainable solutions. The companies agreed to enter a strategic partnership to reduce the carbon intensity of renewable diesel and aviation fuel. They will also drive the development of innovative, cost-effective chemical processing solutions to improve the conversion of plastic waste into new plastics. The collaboration combines complementary areas of expertise, integrating Sulzer Chemtech’s capabilities in licensed processing technologies and mass transfer equipment with BASF’s cutting-edge high-performance adsorbents and catalysts.
UPM and Dongsung Chemical announce a development partnership that will accelerate the introduction of renewable, sustainable forest-sourced materials into the Asian market and reduce fossil resource consumption.
IL BIOECONOMISTA 