Tennessee-based Eastman Chemical Company and Origin Materials (formerly known as Micromidas) have entered into a non-exclusive license agreement for Eastman to license its proprietary 2,5-Furandicarboxylic Acid (“FDCA”) and FDCA derivatives production technology from renewable resources to Origin Materials. Origin also recently purchased an oxidation pilot plant from Eastman that will enable Origin to demonstrate the licensed technology. Terms of the license agreement and pilot plant sale were not disclosed.
Business
Royal DSM acquired Twilmij to grow in the animal feed sector
A new deal in the animal feed sector. Royal DSM, the Dutch global science-based company active in health, nutrition and materials, acquired Twilmij B.V., a well-established Dutch nutritional solutions company in the animal feed sector.
An exclusive interview with Tony Duncan, CEO of Circa Group
“By taking the time to scale up efficiently and deliberately, our position in the bioeconomy is growing. Circa remains focused on creating non-toxic, high-performance chemicals from cellulose, using our FuracellTM technology. We are targeting a market of over 900,000 tonnes per annum, growing at 4%. While we do not want to compete in the inevitable price war currently unfolding, as companies vie to be ‘last man standing’ to extract some cash out of legacy plants producing these toxic products, we do see plenty of opportunity to sensibly scale into the market over the next 5-10 years”. To say this – in this long, exclusive interview with Il Bioeconomista – is Tony Duncan, CEO of Circa Group, an Australian innovative company which is converting biomass into advanced biochemical materials.
Interview by Mario Bonaccorso
Clariant and Enviral sign a license agreement on sunliquid® cellulosic ethanol technology
Swiss Clariant, a world leader in specialty chemicals, and Enviral, the largest producer of bioethanol in Slovakia, have signed a license agreement on sunliquid® cellulosic ethanol technology.
Richard P. Eno is the new Chief Executive Officer of BioAmber
BioAmber has a new Chief Executive Officer. The Board of Directors of the renewable materials company based in Canada announced yesterday the appointment of Richard P. Eno as its new CEO and new member of the Board, effective September 18th, 2017. The selection of Eno caps a search process facilitated by Spencer Stuart, a global executive search firm which specializes in placing senior management personnel.
Bio-on and Kering Eyewear join forces to develop new biomaterials
Bio-on and Kering Eyewear join forces to develop new materials based on Minerv PHAs, the revolutionary bioplastic which is 100% natural and biodegradable. “This is the first time in the world that a company in the eyewear industry has decided to carry out research with our biopolymers,” explains Marco Astorri, Chairman and CEO of Bio-on.
BASF and bse Engineering join forces to use excess of current and CO2 as a raw material
- Headquarter of Basf in Ludwigshafen
The chemical giant BASF and bse Engineering have signed an exclusive joint development agreement for BASF to provide custom made catalysts for a new chemical energy storage process. This process will enable economically viable transformation of excess current and off-gas carbon dioxide (CO2) into the chemical energy storage methanol in small-scale, delocalized production units.
Elopak and Stora Enso launched Pure-Pak cartons made of natural brown paperboard
Elopak, an international supplier of paper based packaging solutions for liquid food, based in Norway and wholly owned by the Ferd Group, and Stora Enso has launched the first gable top carton made from natural brown unbleached paperboard, creating the Naturally Pure-Pak® carton with a highly distinctive, natural look and feel.
Amyris closes the second and final tranche of its previously announced financing
Amyris, the U.S. industrial bioscience company led by John Melo, closed the second and final tranche of its previously announced financing. The second tranche of $50 million in a private placement was led by a $25 million investment from Koninklijke DSM N.V. (Royal DSM) with the remaining $25 million contributed by Vivo Capital.
IFIB 2017: Rome will be the world capital of bioeconomy next October
Rome will be the Euro-mediterranean capital of the bioeconomy for a couple of days. The Italian Forum on Industrial Biotechnology and Bioeconomy (IFIB) goes to the Italian capital from 5 to 6 October at the Palazzo Rospigliosi, in front of the House of the President of the Republic.
IL BIOECONOMISTA 