Neste’s growth program for renewable products takes a step forward in Singapore

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Neste’s headquarter in Espoo, Finland

Neste’s growth program for renewable products takes a step forward. The Board of Directors of the Finnish company has decided that Neste’s additional production capacity for renewable diesel, renewable aviation fuel and raw materials for various biochemical uses will be located in Singapore. The decision initiates technical design of the new production line, with the aim of a final investment decision by the end of 2018. If the project proceeds as planned, production at the new production line will begin by 2022.

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From Helsinki the bioeconomy stakeholders call for action: “It’s time to deliver!”

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Göran Persson, former Prime Minister of Sweden (1996-2006)

“It’s time to deliver!” This is, extremely briefly, the message that comes from the second edition of the Bioeconomy Investment Summit, which was held in Helsinki last Thursday, December 14. In this invitation made at the opening of the summit by the former Swedish prime minister, Göran Persson, it can be synthesized the will of over 300 summit participants to move rapidly towards the creation of new markets for the bioeconomy and to accelerate the transition to a new, more sustainable economy, which finally could leave the GDP behind as an indicator of welfare of the countries. “From the sustainable perspective, GDP is a misleading measure of success”, said Robert Costanza, professor at the Australian National University.

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A new report by BIC explores the synergies between different instruments for co-financing bio-based projects

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Alexander Stubb, VP of European Investment Bank at the Bioeconomy Investment Summit 2017

“To increase awareness of the financing opportunities promoted by the European Union to support the development and growth of the European bio-based sector, focusing particularly on demonstration and flagship projects”. This is the aim of a new report presented yesterday by the Bio-based Industries Consortium (BIC).
“BBI JU calls see project proposals receiving excellent evaluation scores, but are often not granted due to budget limitations”.
The report outlines the opportunities available for financing these activities, allowing companies to pursue their investments in Europe.

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World bioeconomy stakeholders meet in Helsinki to move the bioeconomy from niche to norm

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John Bell, at the first edition of the Bioeconomy Investment Summit in Brussels

The second edition of the Bioeconomy Investment Summit is going to start today in Helsinki, Finland, at Finlandia Hall, organized by the European Commission and the European Forest Institute. Over 30 speakers from across the globe are going to share their views on how we can bring together the economy and the environment.

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There are several ways to move forward with sustainable solutions in the textile industry

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Jukka Kantola, CEO of KaiCell Fibers

As the world population keeps growing and living standards improve in many third world countries, there is an ever-increasing demand for textiles and textile fibres. The global textile market currently amounts to about 90 Mtons per annum, but is projected to exceed 140 Mtons by 2025.

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Tony Duncan, CEO of Circa Group, is the Most Innovative Bioeconomy CEO 2017

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Our readers have voted: the most innovative bioeconomy CEO 2017 is Tony Duncan, CEO of Circa Group, the Australian company headquartered in Melbourne that is converting waste biomass into advanced biochemical materials. For the second consecutive year is the CEO of an Australian company to win the award (in 2016 was Ken Richards, CEO of Leaf Resources).

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Bio-on strengthens its collaboration with AkzoNobel and becomes part of MSCI World Small Cap Index

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Marco Astorri

Bio-on, listed on the AIM segment of Borsa Italiana and one of the main players in the new eco-sustainable chemical industry, starting from 1st December is listed on the MSCI World Small Cap Index. This announcement arrives after the agreement between the Italian company headquartered in Bologna and International Paint Ltd (AkzoNobel) to continue their collaborative relationship thanks to excellent results achieved within Synergistic Fouling Control Technologies-SEAFRONT project, funded by the 7th Framework Programme of the European Commission

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The 10 Most Innovative Bioeconomy CEOs in 2017. Now choose the number 1

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The bioeconomy is innovation, the result of the skills and passion of researchers and managers able to create value and new high-qualified jobs. At the end of 2014 Il Bioeconomista launched a new initiative: The 10 Most Innovative Bioeconomy CEOs.

We have asked a panel of world bioeconomy experts to tell us the Chief Executive Officers that have stood out as the most innovative during the last year.

Now we ask you to choose the most innovative CEO responding to our survey (open till December 7 at 2 pm, Western European Time).

This is the result in 2017 (in alphabetical order)

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Vivergo Fuels calls on UK government to address carbon emissions from transport immediately

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Vivergo bioethanol plant in Hull (England)

UK Business Secretary Greg Clark published last Monday the UK government’s modern Industrial Strategy, with a plan to boost productivity and the earning power of people and businesses throughout Northern Ireland and the whole of the UK. But Vivergo Fuels, the UK’s largest producer of bioethanol doesn’t like this strategy.

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Mossi Ghisolfi is for sale: Versalis, Total and Chinese industrial groups are interested

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Crescentino Plant View: 2G biofuels biorefinery

Mossi Ghisolfi is for sale. According to different rumors in Italy, Versalis, the chemical division of the oil giant Eni, and various European (such as the French oil colossus Total) and Asian industrial groups would be interested in acquiring the Italian chemical company which is one of the world’s largest PET manufacturer with a capacity of nearly 1.6 million tonnes per year and plants in Brazil, Mexico and the United States.

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