Bio-on, the Italian company active in the high-quality bioplastic sector, and Rivoira, one of the world’s leading manufacturers of high quality fruit and always careful on innovation, announced a strategic agreement to develop new materials for food packaging of fresh fruits and vegetables, even single use, with Zeropack S.p.A., founded by Bio-on and of which Rivoira acquired the 50%. The demand for new eco-sustainable materials for packaging is constantly increasing and consumers reward the choices of producers and distributors that respect the planet.
Italian company Bio-on and Sociedad Cooperativa General Agropecuaria, a Castilian-Leon cooperative which produces and markets sugar, food oils, biodiesel, various products for food animal and renewable electric energy, signed an agreement to begin a technical collaboration, the first in Spain, to study and evaluate the opportunity to exploit at industrial scale the Bio-on technologies for the production of PHA bioplastics from sugar beets processing co- and by-products.
BASF yesterday notified Avantium of its exit from their Synvina joint venture, effective 15 January 2019. Avantium continues to disagree with BASF’s interpretation of the joint venture agreement. The two companies are still discussing the terms and conditions of an exit.
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.