Amyris, the industrial bioscience company based in California, and South Korea-based CJ CheilJedang Corporation last Friday announced that the companies have signed a Memorandum of Understanding (MOU) to support large-scale manufacturing of Amyris’s farnesene, a fuel sourced from sugar cane, in existing CJ facilities.
The conclusion of the Versalis deal is near. Claudio De Scalzi, Ceo of Eni, told the trade unions the company will decide whether to sell 70% of its chemical division to the US fund SK Capital in late May, early June.
The three main Italian trade unions in the chemical sector have reaffirmed the Ceo of the Italian oil giant their clear opposition to this possibility and asked to seek alternatives; one of these would be the CDP (Cassa Depositi e Prestiti), which is is an Italian bank founded in 1850 and constituted in its current form as a joint-stock company on 12 December 2003: 80.1% of the share capital is owned by the Italian Ministry of Economy and Finance, the 18.4% is held by various banking foundations, while the remaining 1.5% in treasury shares.
The bioeconomy in the United States of America takes another relevant step forward, investing not only in the development of bioproducts but also in education and training. The U.S. Department of Agriculture (USDA) yesterday announced the availability of $21 million to support the development of regional systems in sustainable bioenergy and biobased products, as well as education and training for the next generation of scientists that will expand availability of renewable, sustainable goods and energy. This funding is available through the Agriculture and Food Research Initiative (AFRI), authorized by the 2014 Farm Bill and administered by USDA’s National Institute of Food and Agriculture (NIFA).
UPM, the Finnish forest industry company, and the Shanghai-based Tongji University College of Design and Innovation started cooperation in 2015 with a target to create a modern concept for the traditional Chinese tea house by using UPM’s innovative wood-based biomaterials. The project has now reached its goal with the introduction of the Biofore Tea House in the ‘Moi Helsinki’ event in Beijing, China on 13-15 May 2016.
Aemetis and Edeniq, both headquartered in California (USA), announced they have entered into a definitive agreement under which Aemetis will acquire all of Edeniq’s outstanding shares in a stock plus cash merger transaction.
Edeniq, a leading cellulosic ethanol technology company, has developed patented innovations that unlock cellulosic and starch sugars through a combination of mechanical and biological processes. Its capital light and operationally efficient solutions can be easily integrated into existing corn ethanol plants. The company, founded in 2008, has raised approximately $100 million from some of the world’s leading venture capital firms, including Kleiner Perkins Caulfield & Byers, Draper Fisher Jurvetson, Angeleno Group, The Westly Group, I2BF Global Ventures, and other leading investors, as well as US Department of Energy (DOE) grant funding.
Renewable materials company Stora Enso and specialty chemicals company Rennovia have announced a joint development and license agreement to cooperate on bio-based chemicals development.
“We believe that we are at the beginning of an evolution in the chemical industry where man has the ability to replace some chemicals that have been produced via the petro route with the same chemicals now using sugar as their source of carbon instead of fossil fuels”. Mike Hartmann, executive vice president of BioAmber, talks to Il Bioeconomista
BioAmber is a sustainable chemicals company, whose proprietary technology platform combines industrial biotechnology and chemical catalysis to convert renewable feedstock into building block chemicals for use in a wide variety of everyday products including plastics, resins, food additives and personal care products. The company, which is one of the main world bioeconomy’s players, has been listed on the New York Stock Exchange since May 2013, under the symbol BIOA. And is also listed on the NYSE Euronext Paris exchange, under the same symbol. BioAmber is a Delaware corporation with a head office in Montreal, Quebec, Canada, a research facility in Plymouth (Minneapolis), Minnesota, and a commercial plant operating in Sarnia, Ontario, Canada. Its investors include Sofinnova Partners (France), Naxos Capital Partners (Luxemburg), Mitsui & Co. (Japan), Lanxess (Germany) and the Cliffton Group (Canada).
Interview by Mario Bonaccorso
Valmet – an Australian leading global developer and supplier of technologies, automation and services for the pulp, paper and energy industries – and Biochemtex, which is part of Italian Mossi Ghisolfi Group, will start to cooperate in the field of conversion of lignin into biochemicals. To announce this are both companies in a note. The development project will combine and adapt LignoBoost and Moghi technologies. LignoBoost is Valmet’s proprietary technology for the extraction of purified lignin from black liquor produced by pulp mills.
Bioproducts are everywhere. And now we have also bio-based shirts. Virent, the bioeconomy company headquartered in Madison, Wisconsin, announced that its BioFormPX® paraxylene was used to produce the world’s first 100% plant-based polyester shirts. “This important project- the company says – demonstrates the potential of Virent’s technology to produce demonstration quantities of bio-based, crude oil free polyester for production of garments and textiles”.
A new version of Tetra Pak’s Tetra Top® package, more than 80% of which comes from plant-based materials, will make its global debut in the United States with JUST™ water. To announce it was last Friday the Swedish multinational company. The new generation carton bottle now comes with a cap and top made from high-density polyethylene (HDPE) derived from sugarcane. Combined with the FSC™ certified paperboard used in the main sleeve of the carton, this pushes its renewable content up from 53% to 82%, with no impact to its recyclability. This unique bio-based bottle delivers another milestone in a long line of successful environmental innovations at Tetra Pak.
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