Economy

An interview with Pasi Laine, CEO of Valmet. “We are happy to see that green recovery is part of many regions’ response on how to build growth after the pandemic”

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Pasi Laine. Source: http://www.valmet.com

“We are happy to see that green recovery is part of many regions’ response on how to build growth after the pandemic”. To say it – in this interview released waiting the World Bioeconomy Forum – is Pasi Laine, CEO of  Valmet, a leading supplier of technology, equipment and services to the global bioproducts industry. Its customers include pulp, paper and tissue manufacturers, as well as producers of other high-end products derived from using wood as a raw material. Pasi Laine will be appearing on the CEO Discussion Panel at the World Bioeconomy Forum (WCBEF) virtual event to be broadcast live from Ruka, Finland on 10th September 2020. Laine spoke to the WCBEF about Valmet’s role in the circular bioeconomy as well as operating in a post COVID-19 world.

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Neste delivers its first batch of SAF to San Francisco International Airport via pipeline

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San Francisco International Airport

Neste, the world’s largest producer of renewable diesel and sustainable aviation fuel (SAF) produced from waste and residue raw materials, has delivered its first batch of sustainable aviation fuel to San Francisco International Airport (SFO) via pipeline, where it will be used by major airlines committed to reducing carbon emissions.

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Evonik makes green hydrogen more affordable

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Hydrogen Trainset. Image by Erich Westendarp from Pixabay

Green hydrogen is a beacon of hope in the energy transition, both as a carbon-free fuel for industry and transportation, and as a key raw material for the chemical industry. Green hydrogen is produced from water by electrolysis using electricity generated from renewable resources. It is still much more expensive than conventional hydrogen, which is generally obtained from methane gas in a process that releases carbon dioxide. As well as sufficient low-cost electricity generated from renewables, investment in the electrolyzer is a key factor in cost-efficient production of green hydrogen.

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The Italian bioeconomy is alive and well. New Report: €345 billion the value of production

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Sustainable Intesa Sanpaolo’s Pavillion at Expo 2015 in Milan

In 2018, bioeconomy in Italy has shown a production potential amounting to 345 billion euro, equal to approximately 10% of the total value of national production, employing approximately 2 million people. Italy is in third position at EU level. Germany is first with a production worth €414 billion and France second with €359 billion. Spain is fourth (€237 billion) followed by the UK (€223 billion). In these five countries, the bioeconomy is worth €1.568 trillion. Continue reading →

Genomatica won the prestigious 2020 Green Chemistry Challenge Award given by EPA

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Christophe Schilling, CEO of Genomatica during his speech at the Grand Opening of Mater Biotech’s plant in Bottrighe di Adria, Italy

U.S. industrial biotech company Geomatica won the prestigious 2020 Green Chemistry Challenge Award given by the U.S. Environmental Protection Agency (EPA) for its Brontide® natural butylene glycol. Honoring groundbreaking scientific solutions to real-world environmental problems, the win for Brontide natural butylene glycol marks the third EPA award held by Genomatica and makes them one of only four companies to win the award three times in the program’s 25-year history.

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HRH Prince of Wales calls for a ‘green and human-centric recovery’ based on circular bioeconomy

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Windsor Castle, UK

Your Excellencies, Ladies and Gentlemen, I must say how grateful I am to have been invited to be with you here today as we bring together the United Nations and the Commonwealth to discuss what we are calling The Great Reset.  I would also like to thank the Permanent Representatives of Canada and Jamaica for convening this meeting and Prime Minister Trudeau for his inspiring leadership on the Green Recovery.

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The world re-starts with the Circular Bioeconomy of Wellbeing

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The need to react to the COVID-19 crisis is a unique opportunity to transform our economy and put forward the change that our society needs to create a sustainable and desirable future. A Circular Bioeconomy Roundtable convened by HRH The Prince of Wales last week discussed how this should be done: not just by designing recovery packages, but by transformative action to trigger mission-oriented innovation, attract investments and rethink business models and markets. Leading figures from science, the investment community and industry discussed how a circular bioeconomy offers game-changing solutions and is a crucial concept to move towards a carbon-neutral, renewable and inclusive economy that prospers in harmony with nature.

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LanzaTech has successfully launched LanzaJet to produce sustainable aviation fuel

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Jennifer Holmgren at IFIB 2018 in Turin, Italy

LanzaTech, a leading biotech company and carbon recycler headquartered in Illinois (USA), has successfully launched LanzaJet, Inc., a new company that will produce sustainable aviation fuel (SAF) for a sector requiring climate friendly fuel options as it starts to recover from the impacts of COVID-19. With its approach to commercialization of SAF, LanzaJet is creating regional jobs while enabling global decarbonization of the aviation sector.

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Beiersdorf and Evonik joined forces to develop sustainable raw materials for care products

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Marco Reus. Evonik is popular as main sponsor of German Football team Borussia Dortmund

Beiersdorf and Evonik have reached an agreement on a research partnership. Its aim is to develop sustainable raw materials for care products, using carbon dioxide (CO2) as the starting material. Beiersdorf is on the lookout for new sources of raw materials that will also reduce the company’s carbon footprint. One option here is artificial photosynthesis technology. The idea: with the aid of electricity from solar energy and bacteria, valuable raw materials are produced with water and CO2, drawing on natural photosynthesis as a model. The joint research project of Evonik and Beiersdorf is being funded by Germany’s Federal Ministry of Education and Research (BMBF) in the amount of around €1 million.

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One in three Finns could stop using fossil fuels in the next few years 

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Neste’s headquarter in Espoo, Finland

Neste brings Neste MY Renewable Diesel™ to a significant number of new stations during April and May 2020 in Finland. With the expansion, Neste MY Renewable Diesel will be available at around 120 stations in growth centers as well as smaller towns.

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