Chevron Corporation and Renewable Energy Group, Inc. announced yesterday a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share. The acquisition combines REG’s growing renewable fuels production and leading feedstock capabilities with Chevron’s large manufacturing, distribution and commercial marketing position.
Stora Enso and Picadeli, Europe’s leading take-away salad bar company, are introducing renewable formed fiber lids to replace single-use plastics in take-away packaging. The lids are made of PureFiber™ by Stora Enso, and they are plastic-free, recyclable, and biodegradable. The innovation will help Picadeli reduce approximately 120 tonnes of plastic waste annually.
“The science is very clear that it’s impossible to meet our climate targets without reducing animal agriculture. A study led by Oxford University found that – even if fossil fuel emissions were eliminated immediately – the world cannot meet its Paris Agreement targets without shifting away from conventional animal agriculture. Plant-based and cultivated meat let people keep eating the steaks, sausages and meatballs they love with a fraction of the environmental impact, and they free up space for more sustainable farming practices.” To say it – in this interview with Il Bioeconomista – is Alex Holst, senior policy manager at the Good Food Institute Europe. He talks about the role of plant-based and cultivated meat in limiting our impact on climate change.
Interview by Mario Bonaccorso
Chris Patermann is considered as the father of the European bioeconomy and is still a central figure in the world bioeconomy community. In this exclusive interview with Il Bioeconomista, he talks – 10 years after the first Bioeconomy strategy launched by the European Commission – about the new challenges we are facing to make the new economy based on biological resources happen.
Interview by Mario Bonaccorso
LanzaJet, a sustainable fuels technology company and renewable fuels producer, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia, through the Microsoft Climate Innovation Fund. The Microsoft Climate Innovation Fund has made a $50M investment to support the construction of LanzaJet’s (and the world’s) first alcohol-to-jet sustainable aviation fuel (SAF) production plant. The innovative structure of Microsoft’s financing will enable LanzaJet to bring lower-cost sustainable aviation fuel and renewable diesel to the global market.
Aviation fuel supplier ExxonMobil has reached an agreement with sustainable aviation fuel (SAF) producer Neste to commercially distribute Neste MY Sustainable Aviation Fuel at France’s largest airports. The move comes after the French Government introduced the 1% SAF mandate, which has come into force from 1 January.
From Il Bioeconomista a great wish of a Happy New Year! We’ll keep fighting and informing you about the BioRevolution
The bioeconomy is key to our future! We are a community of business leaders working to solve our world’s greatest challenges. I am honored to be named among these visionaries and grateful to the readers of Il Bioeconomista for taking such a big interest in the work we all do. To say it – in this exclusive interview with Il Bioeconomista – is Jennifer Holmgren, the Most Innovative Bioeconomy CEO 2021 according to our readers. She talks about this recognition but above all about the bioeconomy and our carbonsmart future.
Interview by Mario Bonaccorso
Suntory Group, as a crucial step toward its aim to use 100% sustainable PET bottles globally by 2030 and eliminate all petroleum-based virgin plastic from its global PET supply, has successfully created a prototype PET bottle made from 100% plant-based materials. The prototype has been produced for the company’s iconic Orangina brand in Europe along with its best-selling bottled mineral water brand in Japan, Suntory Tennensui. This achievement marks a breakthrough after a nearly decade-long partnership with the US-based sustainable technology company Anellotech.
Our readers have voted. The most innovative bioeconomy CEO 2010 is Jennifer Holgren, CEO of LanzaTech, the Illinois-based company that is the global leader in gas fermentation technology. The company provides novel and economic routes to ethanol, jet fuel and high-value chemicals from gas streams including industrial off-gases from steel and alloy mills; petroleum refineries, petrochemical complexes and gas processing facilities; syngas generated from any biomass resource (e.g. municipal solid waste (MSW), organic industrial waste, agricultural waste); and reformed biogas.
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