“The bioeconomy promises to lead the next rising wave of global economic development. Renewable energy, renewable raw materials and recyclable products pose a positive challenge to our current fossil fuel dependence”. John Bell, Director at the European Commission in charge of bioeconomy, talks to Il Bioeconomista.
In this long exclusive interview, he talks about the new strategy on bioeconomy, the EU’s new research and innovation programme, the role of member states and regions and the connection between bioeconomy and society.
Global Bioenergies started a 3-year project to demonstrate a new value chain combining its isobutene process with technologies developed by Sekab and Neste Engineering Solutions, two of Europe’s leading technology developers. The aim is to convert currently poorly valorised softwood residues into second generation renewable isobutene for subsequent conversion into gasoline and jetfuel. A €13.9m grant agreement was signed with INEA on behalf of the European commission.
Dutch biochemical company Avantium joined forces with South Korea-based R&F Chemical to boost its Catalysis business in the region. “South Korea – Avantium said in a note – has a highly-advanced technology and chemical sector, and several established national research facilities offering the perfect environment for Avantium’s Catalysis business with a strong focus on catalysis research”.
BioAmber Inc. filed a voluntary petition for relief under chapter 11 of the United States Bankruptcy Code and that its two Canadian subsidiaries, BioAmber Sarnia Inc. and BioAmber Canada Inc., filed a Notice of Intention to make a proposal under the Bankruptcy and Insolvency Act (Canada), with a view to strengthening the company’s financial health and solidifying its long-term business prospects.
Bio-Botanica Inc., a family-owned and operated company, specializing in botanicals for over 45 years and headquartered in Hauppage (New York), has partnered with U.S. biotech company Genomatica to create a new line of botanical extracts using a naturally sourced, sustainably produced butylene glycol. These products, manufactured by Bio- Botanica Inc., feature Genomatica’s proprietary ingredient, Brontide.
Celtic Renewables Ltd, the innovative Scottish start-up providing next generation biofuel, is building a commercial demonstrator plant, which will produce over half a million litres of biofuel each year.
Bio-on launched a brand-new line of cosmetic ingredients for sun protection made from its 100% natural and biodegradable bioplastic. The new products are part of the minerv bio cosmetics family of bioplastic micro powders presented in Spring 2017 and designed for cosmetics that respect the environment and human health.
This latest innovation is a series of ultra-green, high-performing SPF (Sun Protection Factor) Boosters designed to improve sun protection products.
The University of York is to lead on a £5million project to develop the bioeconomy across Yorkshire, the Humber region and the Tees Valley. The THYME project – this is its name – will build on the existing expertise and innovation in the region in a new collaboration between the Universities of York, Hull and Teesside. Those involved in the three year project say the funding will boost the region’s economy, create jobs and deliver major environmental benefits.
An Open-innovation Platform to strengthen cooperation and joint development of bio-based industries and downstream sectors. This is BIOPEN, the European open-innovation platform that will support bioeconomy stakeholders to succeed, offering them new ways to accelerate the production of their sustainable and competitive bio-based products.
Royal DSM, a global science-based company active in health, nutrition and materials, headquartered in the Netherlands, will bring innovative solutions to the biofuels industry with a full portfolio offering of yeast and enzymes for starch, fiber and biomass conversions.