The EU Commission will celebrate the 10th anniversary of the first Bioeconomy Strategy, by organizing a high-level conference in Brussels. The conference “The Bioeconomy – Enabling the European Green Deal in Challenging Times” will take place on 6 and 7 October in the Charlemagne building. In addition, all sessions will also be live-streamed to allow everyone to get involved from anywhere.
Bari, in South-eastern Italy, will be the capital of circular bioeconomy from 28 to 30 September. The International Forum on Industrial Biotechnology and Bioeconomy (IFIB) will be held in this city this year at the Kursaal Santalucia Theather. And it will be completely in presence.
Advanced Biochemical Thailand launched its new product brand, Epinity™, with a new website. EPINITY™ is the new brand name for ABT’s Epichlorohydrin (ECH), a bio-based, drop-in, and competitive ECH for use in a wide range of downstream industries.
Eni completed the construction of the oilseed collection and pressing plant (agri-hub) in Makueni, Kenya, and started production of the first vegetable oil for bio-refineries. The first agri-hub will have an installed capacity of 15,000 tons with an expected production of 2,500 tons in 2022.
Californian biotech company Genomatica (Geno) alongside longtime collaborator Aquafil successfully completed the first demonstration scale production runs for plant-based nylon-6. The material is intended to reshape the $22 billion nylon industry, enabling brands to meet demand from consumers for sustainable everyday materials from apparel to automotive parts to carpets.
Basf Venture Capital GmbH, the corporate venture arm of Basf, has invested in Climentum Capital’s first €150 million venture fund. Both organizations will engage in a strategic relationship fostering knowledge sharing, deal sharing and co-investment opportunities. The fund is backed by other renowned corporate investors, banks, industrial conglomerates as well as prominent family offices and successful tech entrepreneurs, all of which share the ambition to combat climate change through investing in disruptive technologies. The investors also include the Danish growth fund Vaekstfonden and Arbejdernes Landsbank.
Versalis, the chemical division of Italian oil giant Eni, met last week in Rome with representatives of national and local trade unions to present its business plan for the next four years. According to the company, more than 1.1 billion euros have been spent in the last four years and the plan is to continue with investments focused on four strategic areas: specialization, circularity, chemistry from renewables and efficiency.
Finnish giant Neste and Fly Victor, the on-demand private jet company, started a partnership which sets a new sustainability benchmark in business aviation. Victor members can now purchase Neste MY Sustainable Aviation Fuel™ (SAF) for every private jet booking globally. This enables private jet charterers to reduce the carbon footprint of their private air travel in a credible and measurable way.
In 2021, the bioeconomy in EU4 (France, Germany, Italy and Spain) has reached a value of production of €1,500 billion, employing over 7 million people. Germany is confirmed as a leader with a value of €436.6 billion, then France (379.4 billion), Italy (364.3 billion) and Spain (251.5 billion). This is according a new Report realized by the Intesa Sanpaolo Research Department (Intesa Sanpaolo is one of the major banking group in Europe), in collaboration with Italian Circular Bioeconomy Cluster SPRING and Assobiotec, and today presented in Salerno (South Italy), which is dedicated to bioeconomy, which, in line with the definition of the European Commission, was defined as the set of activities using renewable natural resources to produce goods and energy, generating great advantages in terms of sustainability.
I met Mathieu Flamini in Milano during the Design Week. Milano is vibrant again after the dark years of the pandemic. AC Milan won the championship, eleven years after the last success of which Mathieu was one of the architects. We do not talk about football, also because I cheer for the other team based in Milano. I am totally black and blue and I can’t share his joy for the AC Milan’s Scudetto. We talk about the bioeconomy, starting from his new role as CEO of GFBiochemicals, which he is enthusiastic about. Mathieu is a friend, so I immediately declare that this is a somewhat unusual interview. With Mathieu we talk about the need to accelerate on the path of the paradigm shift that leads us from fossils to the use of renewable biological sources, the importance of communicating the damages produced by industrial activity on the environment in order to promote sustainable solutions, the role of the sport’s world in a campaign that highlights the contradictions of a development model based on profit at all costs and the waste of resources.
Interview by Mario Bonaccorso
IL BIOECONOMISTA 