Novo Holdings and LanzaTech, a pioneer in the production of next generation fuels and chemicals through the recycling of carbon pollution, have formed a partnership to grow LanzaTech’s revolutionary sustainable fuels and chemicals platform. Novo Holdings is making a $72 million investment in the company in a Series E financing, and Senior Director Anders Bendsen Spohr will join LanzaTech’s Board of Directors.
Genomatica published the results of a major survey of sustainability issues in the mainstream chemical industry. The survey was conducted together with ICIS, the world’s largest petrochemical market information provider. The survey, fourth in a series they have conducted since 2009, revealed substantial advances for sustainability and renewable chemicals in general, for chemical producers, users (companies making products from basic and intermediate chemicals) and distributors.
“At the moment biobased is seen as a niche alternative. It’s well-respected and is seen to be developing in the right way, but it hasn’t achieved the market penetration to be considered a genuine competitor to the conventional industry – yet. For me, it’s all about reaching that ‘tipping point’. Many stars must align for this to happen, but we’re quite positive that they will in due course”. To say this – in this exclusive interview with Il Bioeconomista – is Henri Colens, Public Affairs Manager, Renewable Chemicals, at Braskem Europe, the European subsidiary of the Brazilian petrochemical giant. With Colens we talk about bioeconomy and circular economy. “The bioeconomy – he says – is a way of harnessing the power of nature in order to create more sustainable products and processes. We all need to work harder on raising public awareness, so that citizens understand what we are doing and the potential of the bioeconomy.”
Interview by Mario Bonaccorso
Genomatica and Cargill have entered into a collaboration agreement to accelerate the production of renewable chemicals for industrial applications. The collaboration will give chemical producers, distributors and users access to a reliable, cost-effective source of carbohydrate feedstocks, co-location support services and production partnerships, based on GENO™ process technologies.