The Dutch government is planning to join the Mission Innovation coalition

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Mark Rutte, Dutch prime minister

The Dutch government is planning to join the Mission Innovation coalition. The global initiative aims to accelerate public and private innovation in order to make clean energy affordable for consumers, as well as creating “green” jobs and commercial opportunities. Mission Innovation was announced by former Microsoft leader Bill Gates at the United Nations Climate Change Conference (COP21) in Paris last year. At the launch, 20 countries – Australia, Brazil, Canada, Chile, China, Denmark, EU, France, Germany, India, Indonesia, Italy, Japan, Mexico, Norway, Republic of Korea, Saudi Arabia, Sweden, UAE, UK and US – committed to doubling their respective clean energy R&D by 2020.

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Global Bioenergies, IBN-One, Cristal Union and L’Oréal launch a new bioeconomy project

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Élysée Palace in Paris

Waiting for the French national strategy, the bioeconomy moves forward in France. Global Bioenergies, IBN-One, Cristal Union and L’Oréal announced yesterday the launch of a 44-month industrial and commercial project focused on the first bio-isobutene plant.

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Malaysian Biotech Corp is now Bioeconomy Development Corp

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Malaysian Biotechnology Corp (BiotechCorp) has been rebranded to Malaysian Bioeconomy Development Corp (Bioeconomy Corp). Along with the name change, the corporation transformed their corporate identity with a new logo and expanded its roles as well as functions, reflecting the organisation’s position as the leading economic development agency to spearhead the bio-based industry in Malaysia.

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Global companies unite in below50 to scale up sustainable fuels

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Jennifer Holmgren, Ceo of Lanzatech

Forward-thinking businesses are partnering with the World Business Council for Sustainable Development (WBCSD), Roundtable for Sustainable Biomaterials (RSB) and Sustainable Energy for All (SE4ALL) through a new global initiative called below50, to promote the best-of-breed of sustainable fuels that can achieve significant carbon reductions, and scale up their development and use.

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Samsill converts its line of Earth’s Choice ring binders to bio-based materials

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Ring binders which are at least 69% bio-based and are USDA Certified Bio-Based Products. To make them is Samsill, one of the world’s largest independently owned manufacturers of solutions which protect, organize, present and transport information and digital accessories. The U.S. company  is converting its line of Earth’s Choice ring binders to bio-based materials. The company combined 100% post-consumer recycled chipboard – with plastic containing 25% of Green Polyethylene, a bioplastic made from sugarcane ethanol, a 100% renewable source which promotes the reduction of greenhouse gasses, provided by the Brazilian biochemical giant Braskem, the leading producer of thermoplastic resins in the Americas and the world leader in the production of biopolymers.

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ETLA confirms the strong impact of the Metsä Group’s bioproduct mill on Finnish economy

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Mesa Group Aanekoski pulp mill. Source: www.metsafibre.com
Metsa Group Aanekoski pulp mill. Source: http://www.metsafibre.com

Bioeconomy is economic growth and new green jobs. A new evidence comes from Finland. The Research Institute of the Finnish Economy (ETLA) studied the impact of Metsä Group’s bioproduct mill being constructed in Äänekoski in terms of revenue, value added and employment. The impact of the largest investment to date in the history of Finnish forest industry has significant repercussions in the economy during both the construction and the operation of the mill.

According to ETLA’s calculations, the 1.2 billion euro investment in the bioproduct mill will increase the revenue of companies operating in Finland by around 2.4 billion euro at the construction stage, and it will generate value added that will be directly reflected in economic growth in the amount of nearly 1 billion euro during 2015–2018. The annual employment effects arising from construction during 2016 and 2017 total nearly 4,000 person-years when the effects on the value chain and consumption are included in the calculation. This equals 0.16 per cent of the total employed workforce in Finland.

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Canadian Solegear buys the bioplastics division of U.S. Ex-Tech

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SolegearSolegear Bioplastic Technologies, a global-leading bioplastic technology company headquartered in Vancouver, Canada, announced yesterday that it has formally closed the previously announced strategic acquisition of the bioplastics division of Ex-Tech Plastics for consideration of $1.33 million in common shares of the Company at a deemed price of $0.20 per share.  Ex-Tech, based in the Chicago, Illinois, area has been a leading manufacturer of extruded plastic sheets for over thirty years.

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Eni integrates its traditional business and energy from renewable sources

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Eni's plant in Gela, Sicily

Waiting for the new buyer of Versalis, Eni – the Italian oil giant – has made new and important progress in its commitment to combatting climate change, creating an original model of integration between its traditional business and energy from renewable sources.

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Amyris and CJ CheilJedang to support the growing bioeconomy in Asia

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John Melo, Ceo of Amyris

Amyris, the industrial bioscience company based in California, and South Korea-based CJ CheilJedang Corporation last Friday announced that the companies have signed a Memorandum of Understanding (MOU) to support large-scale manufacturing of Amyris’s farnesene, a fuel sourced from sugar cane, in existing CJ facilities.

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The conclusion of the Versalis deal is near: the final decision in late May, early June

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Claudio De Scalzi, Ceo of Eni. Source: www.eni.com
Claudio De Scalzi, Ceo of Eni. Source: http://www.eni.com

The conclusion of the Versalis deal is near. Claudio De Scalzi, Ceo of Eni, told the trade unions the company will decide whether to sell 70% of its chemical division to the US fund SK Capital in late May, early June.

The three main Italian trade unions in the chemical sector have reaffirmed the Ceo of the Italian oil giant their clear opposition to this possibility and asked to seek alternatives; one of these would be the CDP (Cassa Depositi e Prestiti), which is is an Italian bank founded in 1850 and constituted in its current form as a joint-stock company on 12 December 2003: 80.1% of the share capital is owned by the Italian Ministry of Economy and Finance, the 18.4% is held by various banking foundations, while the remaining 1.5% in treasury shares.

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