Bio-on, a global leader in the high quality bioplastic sector, and Gruppo Hera, one of Italy’s largest multi-utility providers, reached an agreement to take 90% and 10% shares respectively (with the possibility of Hera increasing its share to 49.9%) in Lux-on, the new company founded by Bio-on aiming to revolutionise the production of PHAs biopolymers using CO2 captured from the atmosphere and producing energy without using fossil fuels.
Innovation within the bioeconomy needs a deep analysis of the market. We can identify and exploit trends and market needs. This article describes the need for market analysis in the bioeconomy sector, and provides insights on developments in biogas and bioplastics, for future market exploitations.
Total Corbion PLA, a 50/50 joint venture between French oil giant Total and Dutch biochemical company Corbion, yesterday announced the start-up of its 75,000 tons per year PLA (Poly Lactic Acid) bioplastics plant in Rayong, Thailand. The plant has successfully produced Luminy® PLA resins, a bioplastic that provides a valuable contribution towards the circular economy being biobased and biodegradable and offering multiple environmentally-friendly waste solutions.
“Avantium is a big story in the bioeconomy, but the relationships with big companies as investors are not easy”. To say it at the Sustainable & Circular Bioeconomy Conference in Brussels on October 22 was Jos Peeters, managing partner, founder and director of Capricorn Venture. Indeed, Avantium and BASF are in a dispute about the future of their Synvina joint venture. The companies disagree on the timing for the fulfilment of the criteria to invest in the commercial-scale plant for FDCA (furandicarboxylic acid).
Italian bioplastics company Bio-on signed today an agreement with the Russian TAIF JSC group, which will acquire a license to build the Russian Federation’s first plant producing 100% natural and biodegradable PHAs bioplastic, in the Republic of Tatarstan.
Braskem is to become a Green Plastic supplier for the traditional Rio de Janeiro-based brand Café Favorito. The first polyethylene of renewable origin to be produced in the world, the resin will be applied in the 500 g coffee pillow packs.
“We produce over one million metric tons of coffee annually, sold mainly in the Lagos and Serrana regions and in the south of the state of Rio de Janeiro. The use of Green Plastic in our packaging reinforces our effort in the search for sustainable performance,” explained Adriana de Oliveira, Chief Commercial Officer of Café Favorito.
Italian Industrial Biotech company Bio-on has been awarded the “Best Practices” award by Frost & Sullivan for New Product Innovation in the Bio-based Ingredients for the Cosmetics industry. In particular the analysts at Frost & Sullivan examined the extraordinary performances of the Minerv Bio Cosmetics bioplastic microspheres designed to replace the polluting oil- based microplastics that are now found in many cosmetic formulations. An innovation certified by Nature and Cosmos that looks set to profoundly transform the beauty products sector.
Bio-on, the Italian industrial biotech company headquartered in Bologna, has chosen Siemens automation and plant control and management systems for its bioplastic production plant at Castel San Pietro Terme, near Bologna (Italy). With the goal of making the production process more efficient and eliminating errors, the hub looks set to be one of the best examples of Industry 4.0 in the green chemicals and PHAs (polyhydroxyalkanoates) bioplastic sector.
Bio-on, the Italian company operating in the high quality bioplastic sector, yesterday inaugurated its first owned plant designed to produce 100% natural and biodegradable special PHAs bioplastics for high added value niche markets, such as the microbeads used in the cosmetics sector.