Business

Neste’s growth program for renewable products takes a step forward in Singapore

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Neste’s headquarter in Espoo, Finland

Neste’s growth program for renewable products takes a step forward. The Board of Directors of the Finnish company has decided that Neste’s additional production capacity for renewable diesel, renewable aviation fuel and raw materials for various biochemical uses will be located in Singapore. The decision initiates technical design of the new production line, with the aim of a final investment decision by the end of 2018. If the project proceeds as planned, production at the new production line will begin by 2022.

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From Helsinki the bioeconomy stakeholders call for action: “It’s time to deliver!”

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Göran Persson, former Prime Minister of Sweden (1996-2006)

“It’s time to deliver!” This is, extremely briefly, the message that comes from the second edition of the Bioeconomy Investment Summit, which was held in Helsinki last Thursday, December 14. In this invitation made at the opening of the summit by the former Swedish prime minister, Göran Persson, it can be synthesized the will of over 300 summit participants to move rapidly towards the creation of new markets for the bioeconomy and to accelerate the transition to a new, more sustainable economy, which finally could leave the GDP behind as an indicator of welfare of the countries. “From the sustainable perspective, GDP is a misleading measure of success”, said Robert Costanza, professor at the Australian National University.

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A new report by BIC explores the synergies between different instruments for co-financing bio-based projects

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Alexander Stubb, VP of European Investment Bank at the Bioeconomy Investment Summit 2017

“To increase awareness of the financing opportunities promoted by the European Union to support the development and growth of the European bio-based sector, focusing particularly on demonstration and flagship projects”. This is the aim of a new report presented yesterday by the Bio-based Industries Consortium (BIC).
“BBI JU calls see project proposals receiving excellent evaluation scores, but are often not granted due to budget limitations”.
The report outlines the opportunities available for financing these activities, allowing companies to pursue their investments in Europe.

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Tony Duncan, CEO of Circa Group, is the Most Innovative Bioeconomy CEO 2017

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Our readers have voted: the most innovative bioeconomy CEO 2017 is Tony Duncan, CEO of Circa Group, the Australian company headquartered in Melbourne that is converting waste biomass into advanced biochemical materials. For the second consecutive year is the CEO of an Australian company to win the award (in 2016 was Ken Richards, CEO of Leaf Resources).

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Bio-on strengthens its collaboration with AkzoNobel and becomes part of MSCI World Small Cap Index

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Marco Astorri

Bio-on, listed on the AIM segment of Borsa Italiana and one of the main players in the new eco-sustainable chemical industry, starting from 1st December is listed on the MSCI World Small Cap Index. This announcement arrives after the agreement between the Italian company headquartered in Bologna and International Paint Ltd (AkzoNobel) to continue their collaborative relationship thanks to excellent results achieved within Synergistic Fouling Control Technologies-SEAFRONT project, funded by the 7th Framework Programme of the European Commission

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The 10 Most Innovative Bioeconomy CEOs in 2017. Now choose the number 1

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The bioeconomy is innovation, the result of the skills and passion of researchers and managers able to create value and new high-qualified jobs. 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 7 at 2 pm, Western European Time).

This is the result in 2017 (in alphabetical order)

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Mossi Ghisolfi is for sale: Versalis, Total and Chinese industrial groups are interested

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Crescentino Plant View: 2G biofuels biorefinery

Mossi Ghisolfi is for sale. According to different rumors in Italy, Versalis, the chemical division of the oil giant Eni, and various European (such as the French oil colossus Total) and Asian industrial groups would be interested in acquiring the Italian chemical company which is one of the world’s largest PET manufacturer with a capacity of nearly 1.6 million tonnes per year and plants in Brazil, Mexico and the United States.

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LanzaTech is partnering with DOE laboratories to accelerate the recycled carbon economy

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Jennifer Holmgren last July in Istanbul signed a Statement of Intent with IndianOil to construct the world’s first refinery off gas-to-bioethanol production facility in India. Source: LanzaTech

“Imagine wearing yoga pants made from recycled carbon!” said LanzaTech Ceo, Jennifer Holmgren. “We want people to have a choice of where their carbon comes from. Fresh fossil or recycled, ‘carbon smart’, products. Much like the idea of buying organic, fair trade or recycled products, we see a future where you can walk into a store and make a conscious decision to buy everything from a chair to running shoes made from recycled carbon. This future is now possible through advancements in synthetic biology which enable the production of targeted molecules.”

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Titan Hemp and Green Growers Tech Alliance launched the JV Titan Bioplastics

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Titan Hemp, a leading provider of hemp commodities and extracts based in Seattle (USA), has formed a joint venture with Green Growers Technology Alliance (GGTA) to create a new company, Titan BioPlastics, a manufacturing and development entity focused on creating plant-based composites and products for a wide variety of manufacturing applications, including packaging, nanotechnology, bio-polymers, construction, and bioplastics.

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Braskem and Haldor Topsoe join forces in the bioeconomy

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There is a new Brazilian-Danish partnership in the world bioeconomy. Braskem, the Americas’ leading producer of thermoplastic resins, and Danish-based Haldor Topsoe, a world leader in catalysts and surface science, have signed a technological cooperation agreement to develop a pioneering route to produce monoethylene glycol (MEG) from sugar. The agreement calls for the construction of a demonstration plant in Denmark, with operation slated to begin in 2019.

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