Goldwin Inc., Neste, Idemitsu Kosan Co., Ltd., and Toray Industries, Inc. have established a supply chain for nylon fiber made from renewable raw materials. Neste supplies Neste RE™, a renewable raw material that enables the production of high-performance renewable nylon fiber and reduces the reliance on fossil feedstocks. The nylon fiber produced through this project is scheduled to be used by Goldwin for a part of THE NORTH FACE products in August 2026.
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UPM has reached an agreement with Avantium N.V. to acquire the intellectual property related to Avantium’s Ray Technology®, a process for the production of bio-based mono-ethylene glycol (MEG) and mono-propylene glycol (MPG) from plant-based sugars. The transaction comprises Avantium’s patent portfolio and invention disclosures related to Ray Technology® and is for UPM not material in financial terms. The strategic value lies in the expansion of UPM’s intellectual property position across the conversion of lignocellulosic biomass to bio-based glycols.
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P2 Science, Inc., a leading green chemistry company transforming sustainable feedstocks into high-performance ingredients, announced the close of an oversubscribed $23 million up round led by Sofinnova Partners. Sofinnova is a leading European life sciences venture capital firm based in Paris, London, and Milan. The financing will accelerate P2’s commercial growth in beauty and personal care ingredients and expand the company’s green chemistry platform into new markets, including aroma technologies, performance polymers, home care, coatings, and crop care.
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Milano is hosting today the third edition of BioInvestIT, the key investment forum for circular bioeconomy organized by Italian Circular Bioeconomy Spring together with the European Circular Bioeconomy Fund (ECBF) and Bio4Dreams and the support of TerraNext, LCA and Bioinvest Europe. The event brings together innovative businesses and projects seeking capital with financial and corporate investors from all over Europe.
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BRIGHT, the Novo Nordisk Foundation Biotechnology Research Institute for the Green Transition at the Technical University of Denmark (DTU) and LanzaTech Global, Inc., a global leader in gas fermentation, have entered a multi-year agreement to accelerate development of technologies that convert carbon emissions into valuable products.
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The European Investment Bank (EIB) and Eni signed a 15-year loan for €500 million to convert selected units of Eni’s Sannazzaro de’ Burgondi refinery, located in the Italian province of Pavia, into a biorefinery. The agreement was signed by EIB Vice-President Gelsomina Vigliotti and Eni CEO Claudio Descalzi.
UPM Adhesive Materials, a global supplier of self-adhesive paper and film products, and Mark Andy, a leading manufacturer of narrow- and mid-web printing and finishing equipment, announce the renewal of their strategic partnership in the Americas for the seventh consecutive year. This global collaboration leverages UPM’s extensive portfolio of more sustainable labeling materials and Mark Andy’s cutting-edge printing technologies to deliver high-quality, innovative label printing solutions to the Americas and European markets.
All the 100 vehicles in the Itabus fleet run on Enilive’s HVOlution diesel, a biofuel made from 100% renewable raw materials (in accordance with the European Renewable Energy Directive). Produced at Enilive’s biorefineries in Venice and Gela mainly from waste, such as used cooking oil and animal fats, and residues from the agri-food industry, HVOlution is a hydrogenated vegetable oil that can be used in all validated diesel engines and is available in more than 1,550 Enilive service stations in Italy. HVO diesel biofuel – according to the Italian company – contributes to the decarbonization of the transport sector, including heavy-duty vehicles: across the entire supply chain, in 2025 the average CO₂eq emissions reduction from Enilive HVO for traction use was 79.5%, if compared to the reference fossil mix.
IFF — a global leader in flavors, fragrances, food ingredients and health & biosciences — is enhancing regional production and innovation capabilities to better support the continued growth of its Health & Biosciences (H&B) business in Latin America, one of the fastest-growing markets for the company. The effort includes the transformation of the Arroyito site in Argentina into IFF’s first full fermentation‑based enzyme production hub in the region and the opening of a household care application laboratory at IFF’s Innovation Center in Brazil. Together, these enhancements expand IFF’s regional footprint and are expected to improve speed, reliability and locally relevant solutions for markets including brewing, animal nutrition, biofuels and home care.
Equal opportunity and equal treatment in the labour market are at the core of decent work. Unfortunately, women around the world still face additional hurdles to access employment, and once in employment, to access decision-making positions and jobs in certain sectors or of certain characteristics. This horizontal and vertical gender segregation of employment, combined with the unequal distribution of unpaid work (including household and childcare activities), results in differences in working conditions such as the gender pay gap and the over-representation of women in part-time jobs.
IL BIOECONOMISTA 