Tim Dummer, VP Rennovia: The industry will migrate to widespread adoption of bioproducts

Tim Dummer, VP Commercialization Rennovia
Tim Dummer, VP Commercialization Rennovia

“With equivalent performance and equivalent costs we anticipate that the industry will migrate to widespread adoption of these bio-based products over time (similar to previous industry shifts to more competitive petro-derived processes)”. To say it, in this exclusive interview with Il Bioeconomista, is Tim Dummer, VP Commercialization at Rennovia, a specialty chemical company focused on the creation of novel processes for the cost advantaged production of chemicals from renewable feedstocks. Rennovia led by Robert Wedinger and based in Santa Clara, California, is developing processes for the production of biobased glucaric acid, adipic acid, 1,6-hexanediol, hexamethylenediamine (HMD), and other important building blocks for a wide range of functional materials. With Dummer we talk about Rennovia and the future of the chemical industry.

Interview by Mario Bonaccorso

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Ford and Jose Cuervo use tequila producer’s plant byproduct to develop bioplastics

Ford Motor Company is teaming up with Jose Cuervo® to explore the use of the tequila producer’s agave plant byproduct to develop more sustainable bioplastics to employ in Ford vehicles.
Ford and Jose Cuervo are testing the bioplastic for use in vehicle interior and exterior components such as wiring harnesses, HVAC units and storage bins. Initial assessments suggest the material holds great promise due to its durability and aesthetic qualities. Success in developing a sustainable composite could reduce vehicle weight and lower energy consumption, while paring the use of petrochemicals and the impact of vehicle production on the environment.

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The South African Airways Group operated Africa’s first sustainable biofuel flights

SAA planeThe South African Airways Group (SAA) last Friday operated Africa’s first sustainable biofuel flights. The flights on Boeing 737-800s between Johannesburg and Cape Town made history as  the first sustainable biofuel flights to have taken place on the African continent. They used home-grown feedstock from the Marble Hall area in the Limpopo region of South Africa as part of Project Solaris, a biofuels project named after the energy tobacco plant used (a technology made in Italy). The nicotine-free, hybridised tobacco plant lends itself to the production of biofuel as the Solaris plant produces small leaves and prodigious flowers and seeds that are crushed to extract a vegetable crude oil. The Solaris plant is ideally suited for this purpose as the remaining seedcake is used as a high protein animal feed supplement that also contributes to food security.

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US biofuels compliance credits jumped to three-year highs last Monday

Ernest Moniz, US Secretary of Energy

Prices in the niche market for biofuels compliance credits jumped to three-year highs last Monday as traders fretted about supplies because of higher U.S. government mandates to increase the use of biofuels next year.

Trading in the opaque market for Renewable Identification Numbers (RIN) – the paper credits that can be bought and sold to meet government requirements for biofuels – has picked up in recent days.

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Samsill displays its new Earth’s Choice Biobased ring binders at the USDA headquarters

wp-1464771488548.jpgSamsill Corporation today joins Agriculture Secretary Tom Vilsack and an array of biobased stakeholders in Washington, D.C. at the United Soybean Board’s Biobased Stakeholders’ Dialogue held at the USDA headquarters.

Samsill will be displaying its new Earth’s Choice Biobased ring binders. The company combined 100% post-consumer recycled chipboard – with plastic containing 25% of Green Polyethylene, a bioplastic made from sugarcane ethanol, a 100% renewable source which promotes the reduction of greenhouse gasses. The finished product is at least 69% bio-based and is a USDA Certified Bio-based Product.

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Ginkgo Bioworks and Amyris: a new partnership to generate over $300 million in incremental value

John Melo, Ceo of Amyris
John Melo, Ceo of Amyris

Ginkgo Bioworks and Amyris, Inc. announced a new partnership, which will enable the companies to jointly develop products more efficiently and cost effectively, accelerating time to market.
This breakthrough biotech partnership creates clear leadership with a combined offering that has successfully introduced more bio-based products than any other company known in the field. The combined R&D capabilities of Ginkgo and Amyris put both partners at a significant advantage in the industry by leveraging the joint end-to-end technology platform. This partnership is expected to deliver more new cultured ingredients into the global market in the next three years than the total industry has achieved in the last 10 years.

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PTT Plc to develop biochemical products over the next five years in Thailand

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Asia is the new center of gravity of the world bioeconomy. Thailand’s largest energy company, PTT Pcl, plans to invest about 40 billion baht (approximately 1 bln euro) to develop biochemical products over the next five years.

The move will help Thailand become a centre for the bioplastic industry in the Asia Pacific region, Chansin Treenuchagron, senior executive vice president for PTT’s petrochemical unit, said, adding that biochemicals are expected to contribute about 2 percent of PTT’s revenue by 2020.

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The development of the European bioeconomy needs Great Britain and viceversa

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London leaves and Cameron leaves Downing Street

British voters have voted in favor of Brexit: British exit from the European Union. That means that in the coming months, British and European leaders will begin negotiating the terms of Britain’s departure. Britain’s exit will affect British and EU economies, and also the bioeconomy. It will take years for the full consequences to become clear. From our point of view, as Europeans, it is an absurd. Obviously we do not put in discussion the result of the vote. We simply think that Great Britain  is an integral part of the European Union. The development of the European bioeconomy needs Great Britain and viceversa.

The bioeconomy speaks Chinese

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Li Keqiang, Prime Minister of China

The bioeconomy speaks Chinese. Cathay Industrial Biotech, a Chinese leading privately-held industrial biotechnology company focused on producing specialty bio-based chemicals, announced a ground-breaking and agreement signing to initiate a significant expansion in their production capability for bio-produced long chain dibasic acids (LCDA) and ground-breaking of production facility for bio-pentanediamine (DN5), and bio-polyamide (bio-PA).

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No agreement between Eni and SK Capital on the sale of a majority share in Versalis

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Daniele Ferrari, Ceo of Versalis-Eni

Eni, the Italian oil giant, announces that the negotiations with the U.S. investment fund SK Capital over the sale of a majority share in Versalis S.p.A. have been terminated due to an impossibility to reach a resolution on certain issues, including the future governance of the company. Therefore, starting from the second quarter results, Eni will fully consolidate Versalis within the group’s accounts.

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