Published “to take part in a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress.”
We can borrow this mission statement written on the contents page of the first issue of The Economist, published by James Wilson in September 1843, to define exactly the reason that today, 173 years later, leads to the launch of The BioJournal.
She has created the Italian bioeconomy. Thanks to her passion, her tenacity, her ability, Italy today can rightly claim to be a leading country in this field. All this in the total lack of an Italian strategy on bioeconomy.
The inauguration last Friday of Mater Biotech’s plant in Bottrighe di Adria, the first in the world capable of producing butanediol from renewable sources, is her umpteenth great victory. The demonstration that the bioeconomy is a reality, that creates wealth and jobs in an environmentally friendly way. That the goals can be achieved with passion and determination, putting into practice a new idea of sustainable enterprise.
The bioeconomy is alive and is set to grow. This is the strong message coming from Vicenza, Italy, where last Thursday and Friday was held the sixth edition of IFIB, the Italian Forum on Industrial Biotechnology and Bioeconomy.
About 300 participants. Among them some of the big global companies active in the bioeconomy: Braskem, Dow, Novamont, NatureWorks, Mossi Ghisolfi, Clariant, GFBiochemicals and Carlsberg. Innovative start-ups, universities and research centers, as well as clusters such as Clib2021 (Germany), IAR Pole (France) and Bio-based Delta (Netherlands). And again: OECD, European Investment Bank, German Bioeconomy Council.
“Sustainability – Rafael Cayuela, Chief Economist at Dow Chemical, stated – is a huge technological challenge but also the single largest business opportunity of this generation”.
The U.S. Biotechnology Innovation Organization (BIO) released the new report “Advancing the Biobased Economy: Renewable Chemical Biorefinery Commercialization, Progress, and Market Opportunities, 2016 and Beyond,” documenting substantial, ongoing growth in the renewable chemical industry and outlining federal and state policies that support the industry.
The U.S. Department of Agriculture selected the Safety Equipment Institute – a subsidiary of ASTM International – to manage the certification program that supports labeling thousands of products as “biobased.” The renewal of this five-year contract will mean that more and more people will be able to find and purchase products that are made and packaged using renewable materials.
Everything is ready in Altavilla Vicentina (Vicenza, Italy) to host the Italian Forum on Industrial Biotechnology and Bioeconomy. Taking place on 22-23 September at CUOA Business Center, IFIB 2016 will bring together the European bioeconomy stakeholders, from universities and research centers to big companies.
Bioindustrial Innovation Canada (BIC) has launched the creation of the $27 million Centre for Commercialization of Sustainable Chemistry Innovation (COMM SCI) through a $12 Million non-repayable contribution from the Federal Economic Development Agency for Southern Ontario’s (FedDev Ontario) Investing in Regional Diversification (IRD) initiative, a $3 Million grant from the Province of Ontario and a minimum $12 Million in matching contributions from BIC and their partners.
“It is time to act quickly and in a targeted manner in order to ensure the much needed decarbonisation of the European transport sector”. To say it is Piero Cavigliasso, director public affairs Biochemtex (Mossi Ghisolfi Group) and president of the Leaders of Sustainable Biofuels, an European group which brings together big companies such as Clariant, UPM, British Airways and Dong Energy
“Our companies – Cavigliasso writes in an note – re-confirm the willingness to further deploy and supply the most innovative technologies to produce advanced biofuels from currently unused, underutilized or otherwise wasted raw materials in order to contribute to the EU objectives outlined in the strategy (European Strategy for Low Emission Mobility, published by the European Commission last 20 July, editor’s note).”
Agriculture Secretary Tom Vilsack last Monday announced that the U.S. Department of Agriculture (USDA) is seeking applications for funding to help support the development of advanced biofuels, renewable chemicals and biobased products.
“The bioeconomy is a catalyst for economic development in rural America, creating new jobs and providing new markets for farmers and ranchers,” Vilsack said. “Investing in the businesses and technologies that support the production of biofuels and biobased products is not only good for farm incomes. The whole economy benefits from a more balanced, diversified and consumer-friendly energy portfolio, less dependence on foreign oil and reduced carbon emissions.”
Prices in the niche market for biofuels compliance credits jumped to three-year highs last Monday as traders fretted about supplies because of higher U.S. government mandates to increase the use of biofuels next year.
Trading in the opaque market for Renewable Identification Numbers (RIN) – the paper credits that can be bought and sold to meet government requirements for biofuels – has picked up in recent days.
IL BIOECONOMISTA 