The Japanese biofabrication startup Spiber has raised JPY 34.4 billion (US$312 million) in a funding round led by local public-private fund Cool Japan Fund and. private equity firm Carlyle. Fund managers Fidelity and Baillie Gifford also contributed to the round.
India – AkzoNobel launches USDA certified biobased paint that claims to purify indoor air [Full subscriber]
AkzoNobel India recently launched its most exclusive, high-performance interior emulsion offering that claims to be environmentally friendly, based on natural ingredients that purify indoor air.
AT-Tuote launches industrial lubricant with 100% biocontent [Registered]
Finnish AT-Tuote a division of chemical giant Neste, has launched the world’s first industrial lubricant with nearly 100% bio-based content. Some 95% of the content of AT Renewable Penetrating Lubricant comes from renewable sources, in particular, Neste MY Renewable Isoalkane™ which is derived entirely from waste and residue oils and fats. Designed to enable dry lubrication and easy release, AT’s product combines renewable solvent and bio-based oil with a ceramic component.
Braskem launches cane-based solvent [Full subscriber]
Braskem recently announced the production of biobased solvent that will add to the company’s already robust portfolio of speciality chemicals and has applications in segments such as inks, thinners and adhesives.
Anellotech to build commercial-scale plant to produce biobased BTX [Full subscriber]
The biotech start-up Anellotech says it has validated its Bio-TCat technology by achieving commercially-targeted yields of aromatic chemicals, such as benzene, toluene and xylenes (BTX), in its TCat-8 pilot unit in Silsbee, Texas during six months of continuous process operations.
Biofine secures US$750,000 from MTI to produce biobased levulinic acid [Registered]
The Maine Technology Institute has awarded US$750,000 to Biofine Developments Northeast to support the development of a commercial biorefinery in Bucksport, Maine, that will produce biobased chemicals from lignocellulosic feedstock.
Biobased succinic producers priced out by cheaper, petrochemical-based producers [Registered]
The biosuccinic acid market has gone through a marked change over the past five years, from being the young, rising star of the biobased chemical building blocks industry into one having to confront competitively produced succinic acid from a petrochemical feedstock.
Elevance Renewable Sciences and Stahl partner to bring biobased coatings to market [Registered]
The US-based start-up Elevance Renewable Science has signed a supply agreement with Stahl, a global leader in leather chemicals and high-performance coatings. The agreement enables Stahl to commercialize new coatings and polyurethane dispersions (PUDs) based on Elevance’s C18 polyol technology.
Breakthrough in the production of biobased FDCA [Full subscriber]
Scientists previously succeeded in producing furan-2.5 dicarboxylic acid (FDCA) from 5-(hydroxymethyl)furfural (HMF) but couldn’t adopt this process for industrial application because of the high amount of by-products and the small yield of FDCA that remains.
Anellotech to scale up biobased production of BTX [Registered]
The US-based biotech start-up Anellotech recently announced significant progress in its Bio-TCat technology development program and has begun planning for scale-up design and engineering of a commercial plant with its process development and design partner IFPEN and commercialization, engineering, and licensing partner Axens.