Amyris, Inc., a California-based leader in the development and production of sustainable ingredients for the Health & Wellness, Clean Beauty and Flavors & Fragrances markets, signed a binding term sheet for a planned cannabinoid development, licensing and commercialization partnership valued at up to $255 million (not including significant royalties once the products are commercialized) with a confidential partner. The $255 million in payments include an upfront payment and the remainder are linked to milestones that are expected over the next 12-36 months following the signing of a definitive final agreement.
Braskem and Haldor Topsoe have reached mechanical completion of the MOSAIK™ process step of their demonstration plant that will produce bio-based MEG (Monoethylene glycol) from sugars. The demonstration plant, located in Lyngby, Denmark, is an important step to upscale the MOSAIK™ solution and begin production at an industrial scale, which is planned to commence in 2023. The plant demonstrates all key design features of the technology and can produce more than 100 tons per year of glycolaldehyde, which is converted into MEG in the next process step.
In 2016 the International Hockey Federation announced a partnership with SportGroup’s leading brand, Polytan, as World Cup and Olympic Partner and supplier of hockey fields for the 2018 and 2022 hockey World Cups as well as the 2020 Olympic games in Tokyo.
The Sustainable Bioenergy Research Consortium (SBRC), a non-profit entity established by Masdar Institute that is part of Khalifa University of Science and Technology, announced the world’s first commercial flight using locally produced sustainable fuel on an Etihad Airways Boeing 787 powered by GE’s GEnx-1B engines.
IL BIOECONOMISTA 