Italian industrial biotech company Bio-on, specialized in the sector of bioplastic of high quality, organic and biodegradable at 100%, set up AMT Labs S.p.A., a newco dedicated to the study, development and production of innovative materials for the tobacco world. Now AMT Labs company, capitalised with 10 million euros, sees the entry of GimaTT, with a 20% share for an investment of 2.2 million euros. GimaTT is a leader in the design and assembly of automatic machines on eletronic basis for the the packaging of products derived from tobacco and, in particular, those of new generation at reduced risk. Gima TT is controlled by IMA S.p.A. and is listed on the Star segment of the Italian Stock Exchange since October 2017.
A new bio-based alternative solution is now available for dry cleaners. Working with UK company Green Biologics and their facility in Minnesota, German chemical company Kreussler Inc. is now making dry cleaning solvent from corn grown by about 500 family-owned farms in the heartland of America. SOLVONK4 offers one single ultrapure solvent that cleans better than Perc without any of the environmental or health-related concerns.
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.
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.
IL BIOECONOMISTA 