In the Netherlands, Avantium N.V. launched Releaf brand name for Avantium’s plant-based and recyclable polymer PEF (polyethylene furanoate). Releaf is set to help transform the plastics industry, providing sustainable and superior solutions for bottles, packaging, and textiles. It represents a future where sustainable choices are the norm, not the exception. Avantium has partnered with the […]
In Pennsylvania, TekniPlex Healthcare, which utilizes advanced materials science expertise to help deliver better patient outcomes, has become the first healthcare solutions company to introduce bio-based compounds for medical plastics applications whose performance and compositional properties are equivalent to conventional polyvinyl chloride (PVC) resins. Certified through the globally recognized International Sustainability & Carbon Certification PLUS […]
In Texas, Citroniq Chemicals recently secured the financial closing of $12 Million Series A investment. Its strategic investors were led by a large multi-national energy technology company providing large rotating equipment across oil & gas, energy and industrial customers in over 120 countries, along with a co-investment by Lummus Technology Ventures, and in partnership with […]
In the Netherlands, the POLYMEER project aims to create a sustainable, bio-based value chain for bioplastics. The project receives €4.9 million in funding from the Circular Bio-Based Europe Joint Undertaking HORIZON program under Grant Agreement nº 101157411. POLYMEER lasts 48 months and involves 14 partners from 8 countries, coordinated by the Università degli Studi di Perugia. The […]
In California, Governor Gavin Newsom issued a directive to the California Air Resources Board (CARB) to expedite measures that could lead to lower gas prices without compromising environmental protections. Building on legislation passed in 2023 and 2024 to prevent price spikes and increase transparency in the oil industry, the Governor’s order directs CARB to accelerate […]
In Finland, Neste has decided to withdraw from investing into a 120 MW electrolyzer project to produce renewable hydrogen at its Porvoo refinery in Finland. The decision follows the completion of the basic engineering phase, which commenced in May 2023. The reasons behind the withdrawal are the company’s challenging market conditions and financial performance, requiring […]
In Virginia, TotalEnergies has broken ground on the Oakmulgee Dairy Farm renewable natural gas (RNG) project in Amelia Court House, Virginia, with its joint venture partner Vanguard Renewables, a portfolio company of Global Infrastructure Partners (GIP), a part of BlackRock. The Oakmulgee Dairy Farm will produce more than 259,000 million British thermal units per year […]
In Italy, Eni and KKR have signed an agreement under which KKR will take a 25% stake in Enilive’s share capital, for a total agreed consideration of €2.938 billion. The transaction will be funded through: 1) the subscription of a capital increase in Enilive reserved to KKR amounting to €500 million; 2) the purchase of Enilive’s […]
In India, the Press Trust of India reports Godavari Biorefinery’s IPO was 54% sold as of the second day of the offer. The shares allotted for individual investors was already 96% sold out, but other investment types had only 26% subscription. Shares are running between $3.62 and $4.30 each with a $65.8 million total raise […]
In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol production rose to 1.081 million barrels per day but even so, stocks fell to 22.223 million barrels, representing an increase of 39,000 bpd but a stock drop of 52,000 barrels. Stocks are 877,000 barrels higher than the same time last year, however. Exports […]
