Metsä Board and its associated company Metsä Fibre, both part of Metsä Group, will launch pre-engineering phases for three major investments. All three investments will further develop the competitiveness of pulp and energy production for both companies, and move them towards fossil-free production.
UPM Plywood is joining forces with Studio Bark and Fologram to create a unique building experience for self-builders at the Grand Designs Live event. Two UPM WISA Plywood products will be centre stage at the Grand Designs Live show in London May 4-12 on an unusual stand created by pioneering environmental architects Studio Bark.
Amyris, a leader in the development and production of sustainable ingredients for the Health & Wellness, Clean Beauty and Flavors & Fragrances markets, sold its Vitamin E royalty agreement to Koninklijke DSM N.V. (Royal DSM). This agreement assigns Amyris’s rights to Vitamin E royalties to DSM in exchange for total consideration of approximately $57 million. In addition, DSM and Amyris have agreed to a further manufacturing cooperation for Amyris products at DSM’s Brotas facility that provides additional capacity and lower cost of goods sold with an expected approximate aggregate benefit of $30–$40 million over the next three years. The expected economic benefit of both agreements to Amyris is approximately $90 million.
“Climate change is multiplying risks for investors in Asia, and unless unprecedented actions are taken we are on track to a 3°C world, with serious, severe impacts on water resources. Investment portfolios of Asian asset owners are uniquely exposed, putting the continent’s savings at risk”, says the new report presented by the Asian Investor Group on Climate Change, an initiative to create awareness among Asia’s asset owners and financial institutions about the risks and opportunities associated with climate change and low carbon investing
Nouryon has taken a step forward in the bioeconomy. The Dutch company (formerly AkzoNobel Specialty Chemicals) has expanded its offering for the asphalt market with Wetfix G400, a versatile non-amine adhesion promoter derived from renewable resources. Wetfix G400 meets customers’ needs for a more sustainable alternative that maintains asphalt mixture performance and durability.
MyKAI, the cosmetic product line born from the alliance between Bio-on and Unilever landed on the market. The distribution by Unilever of the first products of the line, namely the MyKAI solar products, started last week. They represent the first products in the world to bring the environmental value, as well as protection, of the innovative Bio-on technology into the hands of consumers.
Pöyry Finland Ltd has completed a survey on socio-economic impacts of KaiCell Fibers’ biorefinery in Finland. According to the survey, the impact on the total output of Finland is close to one billion euros and over 700 million euros in the Kainuu province alone.
The on-going biorefinery project has a very remarkable impact on regional economy and employment. Through the indirect effects of the biorefinery, 1190 jobs are created in Kainuu region when the mill is operational. At national level, the employment effect is almost 2000 jobs. The impact of the construction period is 6400 person-years in Finland. Once mill is in operation, the increase on gross national product of Finland will be about 0,2% and in the area province of Kainuu, the increase will be 12 %. Continue reading
German materials manufacturer Covestro and California-based biotechnology company Genomatica joined forces to research and develop high-performance materials based on renewable feedstocks. With their collaboration announced on March 27, both partners are aiming to reduce the use of fossil-based resources such as crude oil. These are today still the most common carbon and raw material sources of the chemical and plastics industries. Using carbon from plants instead would help reduce CO2 emissions and close the carbon loop in another move towards a circular economy.
Nouryon expanded its offering to customers in the personal care market with a bio-based polymer, Amaze SP, helping formulators to meet the latest consumer trends in hair styling. The new polymer is a result of formerly AkzoNobel Specialty Chemicals’ exclusive global supply agreement with Itaconix to market bio-based polymers to customers in the personal care market.
Dutch biochemical company Avantium will locate the new demonstration plant for its Mekong technology in Chemie Park Delfzijl, the Netherlands. The construction of the demonstration plant – with a capacity of around 10 tons of plant-based mono- ethylene glycol (MEG) – is on track, with the opening scheduled for the second half of 2019. This is an important step in commercializing the production of plant-based MEG, a fossil-free raw material for products such as plastic materials and textiles.