The German chemical giant BASF and the Dutch leading chemical technology company Avantium today announced that they have signed a letter of intent and entered into exclusive negotiations to establish a joint venture (JV) for the production and marketing of furandicarboxylic acid (FDCA) produced from renewable resources, as well as marketing of polyethylenefuranoate (PEF), based on this new chemical building block.
We receive and publish with pleasure this comment by James Cogan related to the land use impacts of biofuels comsumption in Europe. James is a technology, industry and policy analyst collaborating with PNO Innovation in Brussels and with a number of public and private organisations with stakes in the future of biofuels and transport energy. We are delighted to promote the debate.
On March 10 2016 the European Commission was obliged to release an essential report on the land use impacts of biofuels consumption in Europe as determined by the Commission’s own policy on the matter. The Commission has had the report since the Summer of 2015. The report goes a long way to answering the question of how much better are biofuels for the environment than continued use of fossil fuels. In recent years some parts of the Commission have been sharply critical of conventional biofuels yet unable to produce evidence as to why. Reaching a fact-based consensus on the matter is essential for transport decarbonisation for 2030.
So what are the implications of the report findings for EU and member state transport energy planners who urgently require robust and practical guidance?
“The bioeconomy is an important piece of the puzzle in creating a more sustainable future”. To say it – in this exclusive interview with Il Bioeconomista – is Andrew Richard, founder, chairman and Chief Technology Officer of Comet Biorefining, a Canadian provider of sustainable cellulosic glucose technology for applications in renewable biofuels and biochemical. With Richard, who received his B.E.Sc. degree in Chemical and Biochemical Engineering from The University of Western Ontario in 1990, an M.B.A. from the Richard Ivey School of Business in 1993, we talk about his company and the bioeconomy in Canada.
Interview by Mario Bonaccorso
Stora Enso, the Northern European leading provider of renewable solutions in packaging, biomaterials, wood and paper on global markets, is investing a total of approximately 63 million euro to further improve competitiveness in strategic growth areas in China and Sweden in the Consumer Board and Biomaterials divisions. The Nordic company will invest 31 million euro in a new polyethylene (PE) coating line in the new consumer board mill in Beihai, China. The Beihai Mill is expected to be in operation during the second quarter of 2016, as communicated earlier. The investment will enhance Stora Enso’s strategy for profitable growth and supports competitiveness by enabling short lead-times and full quality control for PE-coated prime Food Service Board (FSB). The investment is expected to be completed in mid-2017.
For International Women’s Day, we dedicate a tribute to the 8 women who have distinguished themselves in the bioeconomy in 2015. With their huge capacity and their infinite passion, they are the stars of the world bioeconomy. Of course, best wishes to all women.
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Mitsui Chemicals & SKC Polyurethanes Inc. (“MCNS”) celebrated the official launching of its joint venture bio-polyol manufacturing company in India, Vithal Castor Polyols Pvt. Ltd. (“VCP”), with an opening ceremony.
At the ceremony, Co-CEOs of MCNS Ki Don Won and Hiroyasu Ishimaru and Jayant Agro-Organics Ltd. Chairman Abhay V. Udeshi addressed the guests which included ministers from the South Korean and Japanese missions in India and other important persons.
The Bio-based Industries Consortium (BIC) announced at its general assembly the results of the first extensive macro-economic study on the European Bioeconomy. The study, performed by nova-Institut, shows a turnover of 2.1 trillion EUR and employment of 18.3 million jobs for the European Bioeconomy.
Corbion, the global market leader in lactic acid, lactic acid derivatives and lactides, yesterday announced it has completed the pre-engineering for a PLA polymerization plant and is entering the basic-engineering phase. Following strong customer interest in PLA, Corbion commenced with pre-engineering in 2015.
“Making The Revenant was about man’s relationship with the natural world,” Di Caprio said. “A world that we collectively felt in 2015 was the hottest year in recorded history. Our production team needed to go to the southern tip of this planet just to be able to find snow; climate change is real, and it’s happening right now. It is the most urgent threat facing our entire species and we need to work together and stop procrastinating. We need to support leaders around the world who do not speak for the big polluters or the big corporations, but who speak for all of humanity; and for the indigenous people of the world; for the billions and billions of underprivileged people who will be most affected by this; for our children’s children; and for all the people out there whose voices have been drowned out by the politics of greed. Let us not take this planet for granted; I do not take tonight for granted.”
Metsä Group, the Port of Helsinki and the City of Helsinki have reached an agreement on the use of the harbour and the lease of an area for a terminal building of around 30,000 square metres. The terminal will serve as an export warehouse for the bioproduct mill and will be completed before the mill is inaugurated in the third quarter of 2017.
IL BIOECONOMISTA 