
Italian biochemicals multinational Mossi Ghisolfi is considering selling its Italian business in the biofuels sector as part of a restructuring deal, a source close to the matter said to the International press agency Reuters.
The company, Italy’s second-biggest chemicals business behind that of oil group Eni, has hired Mediobanca to run the process, the source said to Reuters.

ExxonMobil, the largest publicly traded petroleum and petrochemical enterprise in the world, and Synthetic Genomics Inc., a global leader in the fields of synthetic biology and synthetic genomics, achieved a breakthrough in joint research into advanced biofuels involving the modification of an algae strain that more than doubled its oil content without significantly inhibiting the strain’s growth.
Finland is the cradle of the bioeconomy. And maybe someone could someday propose to change the name from Finland to Bio-land. The latest news is that buses in the Helsinki region and most of machinery and trucks used by the City of Helsinki are switching to waste and residue-based biofuels. Helsinki Region Transport HSL, the City of Helsinki and the producers of renewable fuels involved in the project are all pioneers in carbon-neutral transport. The project is internationally significant.
Used vegetable oils can be transformed into biofuels. Eni and CONOE, the Italian Consortium for the Collection and Treatment of Used Oils and Fats, signed a Memorandum of Understanding to promote and increase the collection of vegetable oils that will supply Eni’s Venice biorefinery and, from 2018, Gela. The Minister for the Environment and the Protection of Land and Sea Gian Luca Galletti and the Director General for Energy Supply Security and Infrastructure of the Ministry of Economic Development Gilberto Dialuce were present at the event.



Amyris, the U.S. industrial bioscience company, has won a three-year multi-million dollar contract from the U.S. Department of Energy (DOE) to further the manufacturing of cellulose-derived farnesene for biofuels. The company led by John Melo, in cooperation with Renmatix and Total New Energies USA, will work to develop a manufacturing-ready process utilizing wood as the cellulosic feedstock to produce farnesene, a hydrocarbon building block used to manufacture a variety of products ranging from cosmetics to detergents, as well as base oils, lubricants, diesel and jet fuel.