In Germany, Abolis Biotechnologies has closed a €35 million ($38.9 million) financing round to scale its biomanufacturing operations, accelerate business development efforts, develop its own line of products, and expand the activities of Microbiome Studio, its business unit dedicated to deciphering and engineering microbial ecosystems. Participants in the funding round include Evonik Venture Capital; BOLD, […]
In the United Kingdom, the Royal College of Art and Hyundai Motor Group have picked renewable materials as two of the inaugural winners of their Excellence in Sustainability and Creative Practice award. Open to graduating RCA students only, Ankita Khanna and Yohaan Kukreja received the innovation award for their rice straw-derived biodegradable composite and sheet […]
In Massachusetts, polyolefin producer Braskem has opened a Renewable Innovation Center in the Lexington suburb of Boston. The 35,000-square-foot innovation center will accelerate innovation in renewable chemicals and materials and expand Braskem’s competencies in biotechnology, catalysis, and process engineering. A particular focus will be given to early-stage science and engineering related to the conversion of […]
In Italy, Eni has received permission from the Italian Ministry of the Environment and Energy Security to begin construction of its planned biorefinery at Livorno. First announced in January, the site is to be ENI’s third biorefinery and have the capacity to produce 500,000 tons of HVO diesel, HVO naphtha, and bio-LPG using renewable raw […]
In Germany, chemicals giant Covestro and Chinese electric vehicle maker Li Auto have partnered to develop more sustainable materials for vehicles, with a focus on circularity and “future-oriented applications with engineering plastics.” Under the terms of the Memorandum of Understanding, Covestro and Li Auto will establish a joint innovation platform to drive the development and […]
In France, precision fermentation startup Standing Ovation has raised €3.75 million ($4.2 million) in a Series A extension and appointed Yvan Chardonnens CEO as it prepares commercial launch of its animal free casein in 2025. The company says its process manufactures caseins that are bioidentical to those found in dairy products but emit 94% fewer […]
In Japan, Mitsubishi Corporation and ExxonMobil signed a Project Framework Agreement to collaborate on building the world’s largest low-carbon hydrogen facility at ExxonMobil’s Baytown, Texas site, to produce hydrogen with 98% of its carbon dioxide captured. The facility is expected to produce up to 1 billion cubic feet of hydrogen per day, advancing the companies’ […]
In India, Chini Mandi reports at the G20 Agriculture Ministerial Meeting held on September 12-13, 2024, in Cuiaba, Brazil, a significant agreement was reached between India and Brazil to collaborate on ethanol production technology. The discussions, led by India’s Minister of State for Agriculture, Ram Nath Thakur, and Brazil’s Minister of Agriculture, Carlos Favaro, focused […]
In France TotalEnergies announced its investment in the Japan Hydrogen Fund, joining forces with major Japanese corporations, including Toyota and Iwatani, in a $400 million initiative aimed at developing low-carbon hydrogen technologies to drive global decarbonization efforts. As the only non-Japanese investor in the fund, TotalEnergies is positioning itself to leverage Japan’s industrial strength in […]
In Ireland, Simply Blue Group announced plans to develop a major sustainable aviation fuel hub in Goldboro, Nova Scotia, using renewable electricity from wind and solar farms and local biomass to produce 150,000 tonnes of SAF annually. The facility will repurpose 755 acres of land once slated for an LNG project and will rely on […]
