Japanese materials maker Toray Industries is going to start mass production of polyester made entirely from plants, a breakthrough poised to cut reliance on petroleum and slash carbon emissions, Nikkei has learned. Toray developed what is being described as the world’s first 100% plant-based polyester jointly with Virent, a U.S. biofuels company. Production is set to begin in the early part of this decade, people familiar with the matter said.
INEOS, the global manufacturer of petrochemicals, speciality chemicals and oil products headquartered in UK, and UPM Biofuels signed a long-term agreement to supply a renewable raw material for new and innovative bio-attributed polymers to be produced at INEOS Köln, Germany. INEOS will use UPM BioVerno, a sustainable raw material from a renewable residue of wood pulp processing, to produce bio-attributed polyolefins.
Working to drive the circular economy in packaging as well, one of its main business segments, Braskem signed a partnership to leverage the development of sustainable solutions. All 1-liter and 5-liter packaging of the Brazilian company Biowash , a pioneer in the development of 100%-biodegradable natural homecare products, now will be made from a mixture of renewable plastic, made from sugarcane , and post-consumer resin (PCR).
DMC Biotechnologies, the US BioBased specialty chemical company, has successfully produced its lead product, L-alanine at pilot scale. Commercial key performance metrics were achieved and performance from the bench scale was also demonstrated at 3m3scale fermentation and for each of the downstream purification unit operations. The robustness of DMC’s Dynamic Metabolic Control technology to the process environment was also validated.
Neste and Outotec have jointly verified the viability of applying Neste MY Renewable Isoalkane™ as a fully bio-based diluent for extracting metals in hydrometallurgical processes. The diluent is based on Neste’s NEXBTL technology and produced entirely from bio-based waste and residue raw materials.
Novamont, Turin Polytechnic and University of Bologna launched in Rome, ReSoil Foundation, a new tool to boost a real change, starting from soil health and the key concept of territorial regeneration.
The new foundation aims at promoting activities in the fields of scientific research, technology transfer, training and dissemination, and the creation of awareness on issues related to soil health, a non-renewable resource, increasingly degraded by the anthropogenic action, pollution and climate change.
Finnish company UPM takes the next transformative growth step and enters the biochemicals business by investing in a biorefinery at Leuna, Germany. The biorefinery will produce a range of 100% wood-based biochemicals which enable a switch from fossil raw materials to sustainable alternatives in various consumer-driven end-uses. The investment opens totally new markets for UPM with large growth potential for the future.
The BRAIN Group announced an expansion of its production capacities. The installation of new production facilities in both Büttelborn, near Darmstadt, Germany, by WeissBioTech GmbH (WBT) and in Cardiff, Wales, by Biocatalysts Ltd. lays the foundation for future growth.
The companies of the BRAIN Group form a closely knit network in the fields of R&D and production or as suppliers in specific markets. Drawing on the particular competencies of its subsidiaries, BRAIN brings its own innovative research results to market launch and commercializes existing products. By expanding its production capacities, BRAIN reinforces the strategic focus on its product business.
“The world hits new record average temperatures year on year, and catastrophic weather has been on the increase. More and more people as well as companies have already realized the seriousness of this issue. We hope that this collaboration with Lauri will help spread the message to new audiences. As a company focusing on renewable and circular solutions, fighting climate change is at the core of our business,” said Neste’s Marketing Director Sirpa Tuomi.
BlackRock is the latest signatory to Climate Action 100+, an unprecedented global investor engagement initiative to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change.
With the addition of the world’s largest asset manager, with more than $6.8 trillion USD in assets under management, Climate Action 100+ continues to grow in size and influence. BlackRock joins more than 370 global investors already participating in the initiative. The addition of funds it manages, brings total assets under management represented by investors participating in Climate Action 100+ to more than $41 trillion.
“BlackRock is one of the largest and most influential asset managers in the world and will bring even more heft to investor engagement through Climate Action 100+,” said Emily Chew current Climate Action 100+ Steering Committee Chair and Global Head of ESG Research and Integration at Manulife Investment Management. “We look forward to working with BlackRock to build on the initiative’s success and work to ensure companies take the urgent and necessary action needed in response to the climate crisis.” Continue reading