Business

The 10 Most Innovative Bioeconomy CEOs 2024. Now choose the number 1

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“Bioeconomy in everyday life” @ BioBased World 2015 in Frankfurt am Main

The circular bioeconomy is innovation, the result of the skills and passion of researchers and managers able to create value and new high-qualified jobs, reconciling economy, society and the environment. 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 13 at 7 am, Central Europe Time).

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UPM Raflatac accelerates its actions to deliver a circular packaging industry and a future beyond fossils

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UPM Raflatac has made further progress towards a more circular economy for plastics and a future beyond fossils during 2023. The progress towards the 2025 commitments is detailed in the New Plastics Economy Global Commitment 2024 Progress Report by the Ellen MacArthur Foundation and the UN Environment Programme (UNEP). UPM Raflatac joined the Global Commitment as the first label materials company in October 2018.

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Eni and MSC Group joined forces to achieve decarbonization

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Claudio Descalzi, CEO of Eni

Eni and MSC Group President signed a memorandum of understanding aimed at developing joint initiatives in the field of sustainability and energy transition. The two Italian companies – the first is an integrated energy company committed to the energy transition towards carbon neutrality by 2050, the second is a world leader in transport and cruise services – intend to extend the scope of their already fruitful business relationship to a broader geographic context and, in particular, to areas relating to sustainability and decarbonization of their operations.

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Avantium strengthened its partnership with SCG Chemicals to pilot the production of PLGA

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CEO Tom Van Aken and Her Majesty Queen Maxima. Source: Avantium

Avantium N.V., a leading company in renewable and circular polymer materials, strengthened its partnership with SCG Chemicals Public Company Limited, a leading chemical player in Asia and an innovator of chemical innovations and solutions. The companies signed a multi-year collaboration to pilot the production of PLGA (polylactic-co-glycolic acid). This partnership marks a significant milestone in the development and commercialization of sustainable materials.

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Eni set outs its transformation, decarbonization and relaunch plan for Versalis

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Headquarter of Eni in San Donato Milanese (Milan)

As first announced at the presentation of its 2024-2027 Strategic Plan, Eni has finalized its transformation and relaunch plan for its chemicals business, also as part of its decarbonization path. The transformation plan involves about 2 billion euros of investment and aims to reduce emissions by approximately 1 million tonnes of CO2, currently about 40% of Versalis’ emissions in Italy.

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Avantium starts a collaboration with Parfums Christian Dior for 100% plant-based packaging

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Avantium’s pilot plant in the Nerherlands

Avantium N.V., a leading company in renewable and circular polymers, started a groundbreaking collaboration with PARFUMS CHRISTIAN DIOR, a pioneer in luxury industry innovation, and iconic Maison from LVMH Group (Moët Hennessy Louis Vuitton). Following three years of close collaboration between Avantium and LVMH Recherche and under LVMH’s offtake agreement with Avantium, PARFUMS CHRISTIAN DIOR will implement Releaf®, Avantium’s brand name for the polymer PEF (polyethylene furanoate), in its packaging. Dior will be the first in the cosmetics industry to use this cutting-edge, 100% plant-based material for its primary packaging.

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Global Bioenergies is now focusing all its efforts on SAF opportunities

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Source: Global Bioenergies

After several months of efforts, the Company has been unable to find investors for its 2,500-ton plant dedicated to the cosmetics market, in a highly unfavorable context for the financing of first-of-a-kind projects. The Company is now devoting all its energy to applying its technology to the production of Sustainable Aviation Fuel (“SAF”), with a model of industrial partnerships.

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UPM, Selenis and Bormioli Pharma introduce the world’s first pharmaceutical bootle partially made from wood-based PET

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Source: http://www.upm.com

UPM Biochemicals, Selenis and Bormioli Pharma have partnered to produce the world’s first pharmaceutical bottles made from partially wood-based PET. This bottle takes sustainability in pharma packaging to a whole new level. As the high regulatory and performance requirements for pharma packaging may limit the use of new or recycled materials, this bottle uses standard PET which is made with UPM’s world first wood based BioMEG, UPM BioPuraTM, to take a real step forward in the sustainable transformation of the pharmaceutical sector.

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Eni set outs its transformation, decarbonization and relaunch plan for Versalis

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Eni
Headquarter of Eni in San Donato Milanese (Milan)

As first announced at the presentation of its 2024-2027 Strategic Plan, Italian multinational company Eni has finalized its transformation and relaunch plan for its chemicals business, also as part of its decarbonization path. The transformation plan involves about 2 billion euros of investment and aims to reduce emissions by approximately 1 million tonnes of CO2, currently about 40% of Versalis’ emissions in Italy.

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Avantium celebrated the Official Opening of its FDCA Flagship Plant in Delfzijl

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CEO Tom Van Aken and Her Majesty Queen Maxima. Source: Avantium

This is a great news for the European and the world bioeconomy. Avantium N.V., a leading company in renewable and circular polymers, last Tuesday celebrated the Official Opening Ceremony of its FDCA Flagship Plant in Delfzijl, the Netherlands. The plant opening was officiated by Her Majesty Queen Máxima of the Netherlands, in the presence of international and Dutch dignitaries, partners and Avantium employees.

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