“You know, the name of our company is Italian. Anello (ring in English) wants to mean the circularity, but also the bond as it is represented by the wedding ring”.
It is very pleasant to talk with David Sudolsky, one of the entrepreneurs who is making the bioeconomy happen at global level. He co-founded Anellotechin 2008, secured the initial angel funding for the company, recruited the management team and scientific advisory board, and is leading the expansion of the company.
The company based in New York develops a technology platform for producing petrochemicals and transportation fuels from renewable non-food biomass.
US sustainable technology company Anellotech recently achieved new milestones at its TCat-8® pilot plant in Texas, thereby progressing its 100% bio-based bottle collaboration with global consumer beverage company Suntory.
Anellotech, a U.S. sustainable technology company focused on producing cost-competitive renewable chemicals from non-food biomass, announced that the company has entered into the next phase of its strategic partnership with Suntory Holdings Limited, one of the world’s leading consumer beverage companies. Suntory’s diverse market-leading beverage brands include Orangina, Schweppes, Ribena, Lucozade and BRAND’S, as well as major alcohol brands, Yamazaki, Hibiki, Jim Beam, Courvoisier, and Château Lagrange.
The partnership, which began in 2012 under a collaboration agreement that has provided more than $15 million in funding to date, is focused on advancing the development and commercialization of cost-competitive 100 percent bio-based plastics for use in beverage bottles as part of Suntory’s commitment to sustainable business practices. Suntory, headquartered in Japan, currently uses 30 percent plant-derived materials for their Mineral Water Suntory Tennensui brands and is pursuing the development of a 100 percent bio-bottle through this partnership.