Praj Industries and the biotech start-up Lygos have signed a Memorandum of Understanding (MOU) to co-develop Lygos’s proprietary yeast for the production of lactic acid.
Denmark’s largest foundation, The Novo Nordisk Foundation, has awarded a grant of €100 million to DTU Biosustain research centre, paving the way for the development of new sustainable consumer products and strengthening Danish biotechnology research.
The latest addition to the polymer-producer Covestro’s sustainable products portfolio is a polycarbonate film of which, the company says, has more than 50% of its carbon content sourced from plant-based starch.
The Hong Kong-based company iCell which uses a patented process to convert nutrient-rich wastewater into an alternative to fishmeal, is looking to raise US$50 million to extend into joint ventures and water treatment facilities outside of Asia-Pacific.
Lignin partially replaces fossil phenol in the production of resins for foams and moulding applications [Full subscriber]
Researchers at Hexion, a global leader for phenolic speciality resins, have succeeded in partially replacing fossil phenol with biobased lignin in resins in the EU-funded Bio4Products initiative. Two promising applications have been identified – insulating foams and moulding compounds.
Stora Enso and Cordenka are partnering to develop precursors for biobased carbon fibre that could be used in transportation, construction and power generation.
Two Canadian companies, NOVA Chemicals Corporation, producer of chemicals and plastic resins, and Enerkem, waste to renewable fuels and chemicals producer, are partnering to explore turning non-recyclable and non-compostable municipal waste into ethylene, a basic building block of plastics.
Cargill secures exclusive licence for Proctor & Gamble’s technology to produce biobased acrylic acid [Full subscriber]
The multinational consumer goods company Proctor & Gamble (P&G) has granted the agribusiness Cargill an exclusive license that allows Cargill to further develop and commercialize the proprietary technology developed by P&G that converts lactic acid into biobased acrylic acid.
Commodity chemical company Dow and stretch film manufacturer Doxa Plast have partnered to commercially produce a family of biobased high-performance stretch films.
Sulzer Chemtech recently announced the creation of a new global bio-based and renewables application development team. This comes at a time when substitute petrochemicals sector has come under pressure from the drop in crude oil prices making competitiveness that bit harder.