Business

Avantium signed capacity reservation agreement with BIOVOX for PEF in pharmaceutical applications

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CEO Tom Van Aken and Her Majesty Queen Maxima. Source: Avantium

Avantium, the Dutch company in renewable and circular polymer materials, signed a capacity reservation agreement with BIOVOX, a pioneer in sustainable healthcare plastics. Under this agreement, BIOVOX has committed to using Avantium’s PEF (polyethylene furanoate) in various pharmaceutical applications. This PEF is expected to be produced in a future industrial-scale facility, based on a technology license from Avantium. The multi-year capacity reservation ensures BIOVOX preferred access to PEF volumes produced by Avantium’s future licensee network.

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Stora Enso launches Performa Nova, a high-yield folding boxboard for consumer packaging

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Stora Enso paper mill in Hyltebruk (Sweden)

Stora Enso is expanding its core packaging material offering with the launch of Performa Nova, a next-generation folding boxboard (FBB, that combines high yield with exceptional performance. The new board is designed to meet the growing demand for renewable, recyclable, and efficient packaging solutionspa in segments such as dry, frozen, and chilled food, chocolate, and confectionery.

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An interview with Massimo Portincaso, CEO Arsenal Bioyards

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“Europe has exceptional science but struggles with translation. The reasons are structural. First, the financial models commonly used– especially venture capital – are misaligned with the capital intensity and timelines of deep industrial innovation.”. To say it – in this interview with Il Bioeconomista – is Massimo Portincaso, CEO Arsenale Bioyards, the Italy-headquartered company with a proprietary end-to-end platform that makes biomanufacturing via precision fermentation economically viable
at industrial scale – for the very first time.

Interview by Mario Bonaccorso

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DMC Bio launched a next-generation ingredient for health-focused brands and formulators

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Jim Flatt, CEO DMC Biotechnologies

DMC Biotechnologies, a leading U.S.-based biomanufacturer, launched fermented myo-inositol. This next-generation ingredient – the company says – is now available for health-focused brands and formulators seeking high-quality, naturally produced, sustainable solutions, with improved supply resilience.

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Neste and Eckerö Line collaborate to reduce maritime emissions in the Baltic Sea

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Photo: Eckerö Line

Neste and Finnish company Eckerö Line, which operates ferry services between Helsinki and Tallinn, are continuing their collaboration to reduce maritime emissions. Eckerö Line provides freight and passenger services on the Baltic Sea and is the first company in Finland to adopt Neste MY Renewable Diesel™ for commercial maritime transport. By replacing a part of the fuel it uses for its operations with Neste MY Renewable Diesel, Eckerö Line responds to the 2% emissions reduction requirement of the FuelEU Maritime regulation, which came into effect at the beginning of 2025, and encourages the use of lower-emission fuels in maritime transport.

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Avantium advances PEF-Based Spacer Fabric for Auping Mattresses with consortium Of textile innovators

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Avantium’s pilot plant in the Nerherlands

Avantium N.V., a leading company in renewable and circular polymer materials, announced significant progress in its collaboration with leading textile innovators to develop PEF (polyethylenefuranoate)-based spacer fabric for Auping mattresses. PEF is a plant-based, fully circular polymer material. Recently, a consortium comprising of Auping, Muller Textiles, ANTEX and Monosuisse has successfully developed a PEF-based spacer fabric, a key component in Auping mattresses.

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Eni: KKR completes the acquisition of an additional stake in the share capital of Enilive

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Headquarter of Eni in San Donato Milanese (Milan)

Eni and KKR have closed the transaction contemplated by the investment agreement, announced last February, for the increase of KKR’s stake in Enilive through the purchase of Enilive’s shares from Eni representing 5% of the share capital, for a consideration of approximately 601 million euros.

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Vancouver is ready to host the Forest Innovation and Bioeconomy Conference on May 6-8

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Vancouver, Canada, will host the second edition of the Forest Innovation and Bioeconomy Conference on May 6-8 organized by the British Columbia Government. FIBC is a premier event showcasing the development and manufacturing of innovative bio-sourced products and high-value applications. It represents – the organizers say – an opportunity to discover what’s new in innovative bioproduct research and the latest commercialization initiatives and discuss how the Forest Bioeconomy intertwines with other sectors.

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Neste empowers DB Schenker to boost adoption of Neste MY Renewable Diesel in Singapore and Asia-Pacific

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Neste’s headquarter in Espoo, Finland

Neste and DB Schenker, one of the world’s leading logistics service providers, have collaborated to work towards expanding DB Schenker’s adoption of Neste MY Renewable Diesel™ in Asia-Pacific. This partnership underscores the shared commitment of both companies to progress towards lower-emission logistics. 

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First BioINSouth Forum: Catania will be the Mediterranean Capital of bioeconomy on 4-6 June

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Catania will be the Mediterranean capital of bioeconomy from June 4 to June 6. In the Italian city located at the heart of Southern Europe will take place the first edition of the BioINSouth Forum, hosted by the Aula Magna of the University of Catania.

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