INEOS, the global manufacturer of petrochemicals, speciality chemicals and oil products headquartered in UK, and UPM Biofuels signed a long-term agreement to supply a renewable raw material for new and innovative bio-attributed polymers to be produced at INEOS Köln, Germany. INEOS will use UPM BioVerno, a sustainable raw material from a renewable residue of wood pulp processing, to produce bio-attributed polyolefins.
Working to drive the circular economy in packaging as well, one of its main business segments, Braskem signed a partnership to leverage the development of sustainable solutions. All 1-liter and 5-liter packaging of the Brazilian company Biowash , a pioneer in the development of 100%-biodegradable natural homecare products, now will be made from a mixture of renewable plastic, made from sugarcane , and post-consumer resin (PCR).
DMC Biotechnologies, the US BioBased specialty chemical company, has successfully produced its lead product, L-alanine at pilot scale. Commercial key performance metrics were achieved and performance from the bench scale was also demonstrated at 3m3scale fermentation and for each of the downstream purification unit operations. The robustness of DMC’s Dynamic Metabolic Control technology to the process environment was also validated.
Neste and Outotec have jointly verified the viability of applying Neste MY Renewable Isoalkane™ as a fully bio-based diluent for extracting metals in hydrometallurgical processes. The diluent is based on Neste’s NEXBTL technology and produced entirely from bio-based waste and residue raw materials.
Nestlé joined forces with Burcon and Merit, two key players in the development and production of high-quality plant proteins. This partnership will enable Nestlé to further accelerate the development of nutritious and great-tasting plant-based meat and dairy alternatives with a favorable environmental footprint.
Finnish company UPM takes the next transformative growth step and enters the biochemicals business by investing in a biorefinery at Leuna, Germany. The biorefinery will produce a range of 100% wood-based biochemicals which enable a switch from fossil raw materials to sustainable alternatives in various consumer-driven end-uses. The investment opens totally new markets for UPM with large growth potential for the future.
Eighty years after nylon’s first commercial production, clean manufacturing technology leader Genomatica achieved a new milestone for the material — its production of the world’s first renewably-sourced ton of the key ingredient for nylon-6, made from plants instead of crude oil.
Nylon, the first totally synthetic fiber to be made into consumer products including apparel and carpet, is responsible for an estimated 60 million tons of greenhouse gas emissions per year through traditional production which begins with crude oil. Continue reading
The BRAIN Group announced an expansion of its production capacities. The installation of new production facilities in both Büttelborn, near Darmstadt, Germany, by WeissBioTech GmbH (WBT) and in Cardiff, Wales, by Biocatalysts Ltd. lays the foundation for future growth.
The companies of the BRAIN Group form a closely knit network in the fields of R&D and production or as suppliers in specific markets. Drawing on the particular competencies of its subsidiaries, BRAIN brings its own innovative research results to market launch and commercializes existing products. By expanding its production capacities, BRAIN reinforces the strategic focus on its product business.
Phillips 66, a diversified energy manufacturing and logistics company, and Renewable Energy Group Inc said on Tuesday they plan to stop the joint construction of a renewable diesel plant in Washington and have canceled the project following permitting delays and other uncertainties.
Originally announced in fall 2018, this 250 million gallon per year project would have resulted in the largest renewable diesel refinery on the West Coast of the United States.
BlackRock is the latest signatory to Climate Action 100+, an unprecedented global investor engagement initiative to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change.
With the addition of the world’s largest asset manager, with more than $6.8 trillion USD in assets under management, Climate Action 100+ continues to grow in size and influence. BlackRock joins more than 370 global investors already participating in the initiative. The addition of funds it manages, brings total assets under management represented by investors participating in Climate Action 100+ to more than $41 trillion.
“BlackRock is one of the largest and most influential asset managers in the world and will bring even more heft to investor engagement through Climate Action 100+,” said Emily Chew current Climate Action 100+ Steering Committee Chair and Global Head of ESG Research and Integration at Manulife Investment Management. “We look forward to working with BlackRock to build on the initiative’s success and work to ensure companies take the urgent and necessary action needed in response to the climate crisis.” Continue reading
IL BIOECONOMISTA 