BP Ventures has made an investment of $30 million in Calysta, Inc., an alternative protein producer, that will use BP’s natural gas to produce protein for fish, livestock and pet feeds.
The investment supports BP’s strategy of creating new markets in which gas can play a material role in delivering a more sustainable future and establishing a strategic relationship between BP and California-based start-up Calysta around gas and power supply.
Calysta’s proprietary gas fermentation technology produces FeedKind® protein, a sustainable feedstock that can be used for fish, livestock and pet nutritional products. The innovative process has the potential to help meet the growing demand for feed in the aquaculture and wider agriculture markets without some of the environmental impacts of current sourcing methods.Continue reading →
Investors from around the globe are urging world government leaders to step up ambition on climate change and enact strong policies by 2020 to achieve the goals of the Paris Agreement, including phasing out thermal coal power and pricing carbon. 477 investors with $34 trillion (USD) in assets, a record number of signatories, are behind the urgent call-to-action to limit average global temperature rise to no more than 1.5 degrees Celsius.
LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, and Neste, the world’s largest producer of renewable diesel from waste and residues, jointly started the first parallel production of bio-based polypropylene and bio-based low-density polyethylene at a commercial scale.
All Nippon Airways (ANA), Japan’s largest and 5-Star airline for seven consecutive years, signed an offtake agreement with Illinois-based LanzaTech that will allow the company to purchase sustainable aviation fuel, a significant step in ANA’s efforts to minimize its environmental impact and meet Sustainable Development Goals (SDGs). This is not the first time that ANA has utilized sustainable aviation fuel, and the current agreement targets 2021 for the delivery of the sustainable aviation fuel making ANA a leader in putting its green principles into practice.
Sweden is aiming to become climate neutral by 2045. However, it has been estimated by the UN Intergovernmental Panel on Climate Change (IPCC) that we may have as little as twelve years to tackle climate change. To examine what it takes to reduce CO2 emissions as fast as possible, Neste and its partners set to turn the island of Lidö in the Swedish archipelago into a climate neutral Zero Island in just twelve months. As a result of the project, the island’s emissions were brought down by an impressive 78 percent from their previous levels.
Last Wednesday Theresa May announced a statutory instrument to amend the UK Climate Change Act of 2008. The law currently prescribes an emissions cut of 80% by 2050, from a 1990 baseline. The new law will aim for net zero emissions by 2050, making the U.K. the first G7 nation to pass such legislation.
In the same day, against a backdrop of growing global awareness of the importance of environmentalprotection, the Embassy of Italy in London launched“Zero-Waste Embassy”, aiming toreduce significantly the environmental impact of the mission’s energy supply, waste management and consumption.
The initiative falls under the umbrella of Farnesina Verde(Green Foreign Ministry), a plan for the Italian diplomatic network worldwide, overseen by the Italian Ministry of Foreign Affairs. Continue reading →
Last Thursday Avantium hosted a Technology & Markets Day at its headquarters in Amsterdam, the Netherlands. The company will update the market on Avantium’s strategy and technologies, in particular that of the Synvina business unit and the commercialization of PEF, a 100% renewable and fully recyclable polymer.
Avantium develops novel technologies based on renewable carbon sources as an alternative to fossil- based chemicals and plastics. Next to developing and commercializing renewable chemistry technologies, the company also provides advanced catalysis R&D services and systems to customers in the refinery and chemical industries. The company currently has three technologies at pilot and demonstration phase.Continue reading →
San Diego-based Genomatica, a technology leader for bio-based chemicals, has acquired certain assets of the REG Life Sciences division (REG LS) of Renewable Energy Group, Inc., the largest supplier of advanced biofuels in North America. Genomatica intends to use these assets to develop a wider range of sustainable chemicals which in turn are used to make numerous everyday materials and products.
The final event of the European project FIRST2RUN will take place at the Square Convention centre in Brussels on June 20. Co-ordinated by Italian biochemical company Novamont and funded by the Bio-Based Industries Joint Undertaking under the European Union’s Horizon 2020 research and innovation programme, FIRST2RUN is a flagship project involving four companies and universities from Italy, UK and The Netherlands.
Nouryon and Gasunie are studying an expansion of a planned green hydrogen unit at Delfzijl, the Netherlands. The feasibility study follows a deal to convert sustainable electricity into green hydrogen for SkyNRG. The plant, which would convert renewable electricity into green hydrogen via water electrolysis, could be scaled up from 20 megawatts to at least 60 megawatts – which allows for a conversion of 9,000 tons of green hydrogen a year.