In New York, IFF has entered into an agreement to sell its Food Ingredients business to funds advised by CVC Capital Partners in a transaction that values the business at approximately $4.3 billion. The transaction marks a significant step in IFF’s portfolio transformation and is expected to strengthen the company’s focus on taste, scent, and […]
In Mexico, German chemicals giant Evonik has entered a strategic partnership with the School of Mining at the University of Guanajuato to develop sustainable and lower-toxicity chemical solutions for the mining industry based on Evonik’s biosurfactant platform. By combining Evonik’s expertise in specialty chemicals with the deep knowledge in mining processes at the University of […]
In Germany, cultivated meat startup MyriaMeat has produced functional roe deer muscle cells, extending its pluripotent stem cell platform beyond pork. Founded in 2022 as a University of Göttingen spin-off, the company told vegconomist the milestone shows that its platform technology can be extended to other animal species. The company targeted roe deer because it […]
In Brazil, “biovegetal” fiber hair extensions produced from corn and soybeans are gaining traction as an affordable, ecofriendly and hypoallergenic alternative to synthetic hair extensions. Fashion and beauty TikTok creator Arielle told The Root the biobased extensions also offer styling and heat resistance characteristics closer to human hair than petroleum-based counterparts. “The bundles was […]
In California, BEAM Circular has selected Modesto’s Beard Industrial District for its planned California Bioeconomy Innovation Campus. The first-of-its-kind facility is designed to accelerate development of circular bioeconomy technologies; enable the growth of biomanufacturing across California’s Central Valley; and help agricultural industries and rural communities unlock new value from underutilized biomass resources such as nut […]
In the United Kingdom, a startup scaling extraction of natural rubber from genetically engineered dandelions has received £3.4 million (US$4.3 million) in grants and equity. Dubbed QuberTech, the company was founded to address the supply chain vulnerabilities of natural rubber, which can only be grown under narrow conditions and is often disrupted by climate shocks, […]
In California, the Bezos Earth Fund has committed $34 million to develop biodegradable fibers to replace cotton, polyester and viscose in the fashion industry, with hopes for consumer sales within three to five years. Grant recipients include Columbia University, Fashion Institute of Technology, University of California, Berkeley, Clemson University, and the Cotton Foundation. The funds […]
In Maryland, Army researchers at the U.S. Army Combat Capabilities Development Command (DEVCOM)’s Army Research Laboratory have invented a breakthrough tool for rapidly identifying novel proteins with desirable binding properties. Binding agents are a key ingredient in the development of many important Army technologies and platforms, including applications in material repair and energetic composites. However, […]
In Australia, banana waste fiber is being repurposed into biodegradable blast collars for open-cut mining, a surface mining method where minerals are extracted by removing the soil, rock, and vegetation above a deposit. Blast collars prevent the drill‑hole collar from collapsing and stop loose material from falling into the hole. Dubbed Collar Keeper, its manufacturer […]
In California, beauty brand Tower 28 has debuted a lip jelly using Palmless Torula Oil, a fermentation-derived substitute for palm oil produced by C16 Biosciences. Alternatives to palm oil are in high demand because of widespread deforestation linked to the ubiquitous product. Two‑fifths of the world’s vegetable oil supply comes from palm oil, and it […]
