Finnish oil refining and marketing company Neste and Fazer Bakery, the leading bakery company in Finland and Russia’s major markets of St Petersburg and Moscow, are joining forces with their “Doughnut Trick campaign”. The oil that was used to fry Fazer Bakery’s May Day doughnuts will be recycled by refining it to produce Neste MY renewable diesel. The value of the fuel will be donated to the Finnish chapter of the charity SOS Children’s Village International. The amount of diesel that’s made from the oil used to fry every three doughnuts is enough to drive a distance of about one kilometer.
Business
Carrefour joined forces with Air Liquide to open the first of its biomethane stations in France
Carrefour, the French multinational retailer headquartered in Boulogne Billancourt, has kicked off roll-out of its bioNGV (a 100% renewable energy using waste to produce biogas) service stations, so it can expand its fleet of vehicles running on biomethane. Its aim before the end of 2017 is to have
9 service stations so that 200 lorries can make clean, silent deliveries to 250 urban stores in Paris, Marseille, Lyon, Bordeaux and Lille.
Elevance Renewable Sciences partnered with Chemtura for lubricant applications
A new biogas plant will convert residues from the factories of Novozymes and Novo Nordisk
DONG Energy and Bigadan is to build a large-scale biogas plant that will reuse residues from the production facilities of Novozymes and Novo Nordisk in Kalundborg on Zealand. The four companies have just signed an agreement which, from spring 2018, will carry yet another significant contribution to the Danish production of green energy from biogas. The new biogas plant in Kalundborg will convert residues from the factories of Novozymes and Novo Nordisk in Kalundborg to bio natural gas which can be fed directly into the Danish natural gas grid.
Butamax Advanced Biofuels acquires Nesika Energy to expand the bio-isobutanol business
Butamax Advanced Biofuels LLC, a 50/50 joint venture between BP and DuPont, combining expertise in fuels with industrial biotechnology, announced the acquisition of Nesika Energy, LLC and its state-of-the-art ethanol facility in Scandia, Kansas. Butamax will now start the detailed engineering work to add bio-isobutanol capacity to the facility, while continuing to produce ethanol before and after adding this capacity.
The Ellen McArthur Foundation launches Urban Biocycles: value from organic waste
The Ellen MacArthur Foundation today launched a new scoping paper – Urban Biocycles –produced in collaboration with World Economic Forum, in front of delegates from leading international institutions, at the annual Forum for the Future of Agriculture (FFA2017) in Brussels. The paper provides the Foundation’s first exploration of how applying circular economy principles could capture new value from biological material flows, in an urban context.
GFBiochemicals and American Process join forces to create a world-class integrated biorefinery
The Italian biochemical company GFBiochemicals and Atlanta-based American Process Inc., which is specialized in the development of technologies for the commercial production of sugars and ethanol from biomass, have entered into a joint development agreement to create the largest integrated cellulosic biorefinery in the world. “The agreement – both companies stated – is rooted in our complementary industrial operations and joint vision for a lower-carbon future”. The proposed biorefinery, located in the U.S, is expected to create 50-200 thousand tonnes per annum of bio-based products, addressing markets with a potential annual value of USD 10 billion.
Evolva teams up with FCI to expand sustainably sourced citrus ingredients sales in Europe
Swiss-based biotech company Evolva teams up with Paris-based FCI to expand the European sales, marketing and distribution of its high-purity, sustainably sourced citrus ingredients, nootkatone and valencene.
Oriflame Products Poland joins UPM Raflatac’s RafCycle recycling program
Cosmetics industry giant Oriflame Products Poland has joined UPM Raflatac’s RafCycle recycling program. RafCycle recycles and reuses pressure sensitive label waste to create new materials. The partnership supports Oriflame’s target to reduce its landfill waste to zero across all their manufacturing sites. Oriflame is a leading beauty company selling direct. It has its origin in Sweden with corporate offices in Switzerland. The company offers a wide range of high-quality beauty products.
Successful IPO of Avantium which raised €103 million on Euronext
The European bioeconomy takes another step forward thanks to the successful initial public offering of Avantium which raised €103 M on Euronext Amsterdam and Euronext Bruxelles. Sofinnova Capital VI – Sofinnova Partners states – remains the main shareholder after the IPO. The initial public offering was multiple times oversubscribed.
IL BIOECONOMISTA 