
UPM and Dongsung Chemical announce a development partnership that will accelerate the introduction of renewable, sustainable forest-sourced materials into the Asian market and reduce fossil resource consumption.

UPM and Dongsung Chemical announce a development partnership that will accelerate the introduction of renewable, sustainable forest-sourced materials into the Asian market and reduce fossil resource consumption.

Avantium N.V., a leading technology company in renewable chemistry, signed an offtake agreement with AmBev, the Brazilian brewing company, part of the AB InBev Group, the largest beer company in the world. AmBev will purchase PEF (polyethylene furanoate) – a 100% plant based and recyclable alternative to plastic – from Avantium’s Flagship Plant and will use it to make bottles for its soft drinks portfolio.

Agriculture Secretary Tom Vilsack announced the U.S. Department of Agriculture is accepting applications for a new pilot program created under President Biden’s historic Bipartisan Infrastructure Law to support the development of biobased products that have lower carbon footprints and increase the use of renewable agricultural materials, creating new revenue streams for farmers. This $10 million investment is part of the Biden-Harris Administration’s ongoing work to rebuild our infrastructure and create good-paying jobs and economic opportunity in our rural communities.

The EU Commission will celebrate the 10th anniversary of the first Bioeconomy Strategy, by organizing a high-level conference in Brussels. The conference “The Bioeconomy – Enabling the European Green Deal in Challenging Times” will take place on 6 and 7 October in the Charlemagne building. In addition, all sessions will also be live-streamed to allow everyone to get involved from anywhere.

Neste and HELLENIC PETROLEUM Group have entered into an agreement for the commercial distribuito of Neste MY Sustainable Aviation Fuels on flights by Aegean Airlines, the leading air carrier in Greece. HELLENIC PETROLEUM Group, through its subsidiary EKO, will ensure the supply of Neste-produced sustainable aviation fuel (SAF) on AEGEAN flights departing from its Thessaloniki Airport “Makedonia” hub. Flights from Athens International Airport are expected to follow soon, as Neste announced.

Bari, in South-eastern Italy, will be the capital of circular bioeconomy from 28 to 30 September. The International Forum on Industrial Biotechnology and Bioeconomy (IFIB) will be held in this city this year at the Kursaal Santalucia Theather. And it will be completely in presence.

Advanced Biochemical Thailand launched its new product brand, Epinity™, with a new website. EPINITY™ is the new brand name for ABT’s Epichlorohydrin (ECH), a bio-based, drop-in, and competitive ECH for use in a wide range of downstream industries.

Evonik Venture Capital has invested in two sustainability funds: Azolla Ventures I and the Chrysalix Venture Capital’s Carbon Neutrality Fund. Both companies are looking into CO2 reduction technologies, with Azolla focused on North America and Chrysalix globally. This is Evonik’s venture capital arm’s first investment using the new €150 million Sustainability Tech Fund. All parties have agreed to not disclose the amount of the investment.

Eni completed the construction of the oilseed collection and pressing plant (agri-hub) in Makueni, Kenya, and started production of the first vegetable oil for bio-refineries. The first agri-hub will have an installed capacity of 15,000 tons with an expected production of 2,500 tons in 2022.

Californian biotech company Genomatica (Geno) alongside longtime collaborator Aquafil successfully completed the first demonstration scale production runs for plant-based nylon-6. The material is intended to reshape the $22 billion nylon industry, enabling brands to meet demand from consumers for sustainable everyday materials from apparel to automotive parts to carpets.