Tech Tour and the Bio-based Industries Consortium (BIC) launched the Bio-based Industries Investment Programme 2023/2024. “The Programme – both organizations state – aims to facilitate investments into the most promising European bioeconomy scale-ups selected by the most active investors and corporate partners.
MAIRE Tecnimont S.p.A., a leading player in the engineering and construction of plants in the energy, infrastructure, and petrochemical sectors, announced the completion of the acquisition of an 83.5% stake in Conser.
Versalis, Eni’s chemical company and 36% shareholder of Novamont, and Mater-Bi, a company controlled by Investitori Associati II and NB Renaissance, shareholder of Novamont’s remaining 64%, announce exclusive negotiations to finalise the acquisition by Versalis of Novamont’s entire share package.
“One of the greatest advantages of the circular bioeconomy is the fact that it relies on renewable biological resources and renewable energy which we can develop, manage and process in Europe, which is not a continent rich in fossil resources or rare earth materials.” To say it – in this exclusive interview with Il Bioeconomista – is Marc Palahí, director of the European Forest Institute. He talks about circular bioeconomy, the role played by the forest-based sector, the Circular Bioeconomy Alliance founded by His Majesty King Charles III (formerly The Prince of Wales) and the next event focused on Biocities, which will take place in Rome on April 20.
Interview by Mario Bonaccorso
L’Oréal invested in a venture led by Geno, the California-headquartered biotechnology company, to create sustainable alternatives to key ingredients in beauty products. The French multinational company will be a founding member of the venture alongside Unilever and Kao.
Eni and Milano-headquartered banking group UniCredit partnered around Open-es, an ecosystem initiative seeking to enhance cross-business collaboration and support companies in measuring and improving their ESG performance. Open-es is an alliance that joins together entrepreneurial, financial and associative networks, supporting all stakeholders on their sustainable development path through a digital and innovative platform.
OrthoLite, the global leader of sustainable, performance and comfort insoles and footwear materials solutions, and Novamont, the international leader in the development, production and eco-design of biodegradable and compostable bioplastics and biochemicals, joined forces for the creation of OrthoLite Cirql™, the world’s first circular foam material solution for footwear.
Fulcrum BioEnergy, Ltd. – the United Kingdom subsidiary of Fulcrum BioEnergy, a US-headquartered clean energy company pioneering the creation of renewable, drop-in transportation fuels from landfill waste – received a grant of approximately £16.8 million, USD $20.2 million, from the UK Department for Transport Advanced Fuels Fund. The grant, which runs through to 2025, will support development of Fulcrum NorthPoint, a residual waste to sustainable aviation fuel (SAF) facility which will be located at the Essar Stanlow Manufacturing Complex in Ellesmere Port, Cheshire in North West of England. Funds from the grant will be utilized to fund engineering activities for the plant, which is expected to have the capacity to transform about 600,000 tonnes of residual waste into approximately 100 million liters of low-carbon SAF per year when it enters operations in 2027.
According to the International Labour Organization (ILO), around the world finding a job is much tougher for women than it is for men. When women are employed, they tend to work in low-quality jobs in vulnerable conditions and there is little improvement forecast in the near future. The current global labour force participation rate for women is close to 46% (for men it is 71%, according to the International Labour Organization). The freedom to work – by choice, in conditions of dignity, safety and fairness – is integral to human welfare.
Held jointly by France and Gabon, the 6th One Planet Summit took place on 1 and 2 March 2023 in Libreville, Gabon. This Summit focused on common challenges for the three tropical forest basins of the Congo Basin, the Amazon forest and the forests of South-East Asia. The choice of Gabon to host the Summit highlights the rich heritage of African forests.
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