Synvina, the joint venture between Avantium and BASF, plans to extend the pilot phase in order to optimize future commercial-scale production. The company headquartered in Amsterdam has now completed a broad feasibility assessment for commercial-scale production of FDCA (furandicarboxylic acid) in its Reference Plant intended to be built in Antwerp. FDCA is the main building block for the new polymer PEF (polyethylenefuranoate). The assessment looked at product performance, market appetite and technical process.
New York City announced first-in-the-nation goal to divest from fossil fuels. Mayor Bill de Blasio, Comptroller Scott M. Stringer and other trustees of the City’s $189 Billion pension funds announced a goal to divest City funds from fossil fuel reserve owners within five years, which would make New York City the first major US pension plan to do so. In a first-in-the-nation step towards the goal of divestment, the Mayor and Comptroller will submit a joint resolution to pension fund trustees to begin analyzing ways to divest from fossil fuel owners in a responsible way that is fully consistent with fiduciary obligations. In total, the City’s five pension funds hold roughly $5 billion in the securities of over 190 fossil fuel companies. The City’s move is among the most significant divestment efforts in the world to date.
In this early 2018 it seems the main problem for Italians is the price of biodegradable bags for fruit and vegetables. Many Italians complain about the cents to buy the biodegradable bags but say nothing about toxic clouds that devastate the territory from North to South. What are we talking about for the benefit of our non-Italian readers?
There is a new partnership in the Italian bioeconomy. Bio-on, a leading player in the new eco-sustainable chemical industry, signed a strategic agreement with Kartell, through its parent company Felofin which takes a 2% stake in Bio-on with a 10 million euro investment.
