In Georgia, polyhydroxyalkanoates bioplastics company Danimer Scientific has reported third-quarter sales of $8.6 million, down $2.3 million compared to the year-ago quarter, primarily due to the reapportionment of Starbucks’ straw business. A net loss of $21.8 million, however, was up from the year-ago quarter’s loss of $40.2 million. “We completed the third quarter in line […]
In France, epoxy resin maker Sicomin, Skaw Sailing, and boatbuilder Shoreteam have developed a foiling cruising yacht with partially biobased composite. Dubbed Skaw (A), the yacht was built by Shoreteam and designed by Benoit Marie, founder of Scaw Sailing, and Clément Bercault. According to Composites World, Skaw (A) uses Sicomin’s high-modulus GreenPoxy resin solutions, including […]
In California, seaweed technology startups Umaro and Sway have been awarded a $1.5 million Department of Energy grant to jointly develop new processing techniques to convert alginate sidestreams from Umaro’s seaweed protein production into Sway’s seaweed-based bioplastics. The collaboration aims to produce both biobased plastics and protein from a single regenerative resource. Umaro’s products include […]
In Paris, lab-growth leather startup Faircraft has raised $15.8 million to expand its workforce and accelerate scaling of its tissue engineering production process. The company specializes in creating lab-grown leather from animal skin cells, replicating the structure and composition of traditional leather through advanced cellular agriculture processes. “This technological breakthrough goes beyond fashion, using cutting-edge […]
In the Netherlands, biobased chemicals company Avantium has announced an expanded partnership with SCG Chemicals Public Company Limited to pilot the production of polylactic-co-glycolic acid as a polyester alternative. Using Avantium’s Volta Technology, which converts CO2 into high-value products such as glycolic acid, the partnership aims to produce PLGA using existing manufacturing assets. PLGA is […]
In California, biobased venture studio Ferment has launched a $20 million fund aimed at accelerating biotech solutions across vital industries such as energy, agriculture, materials, and health. The fund’s inaugural investment is a $2.5 million stake in Alchemyca, an innovative company leveraging enzymes, sensors, and AI to enhance the conversion of organic waste into renewable […]
In South Carolina, Milliken & Company has announced a strategic investment and partnership with Tidal Vision, a biomolecular technologies firm converting chitosan—a biodegradable compound found in shellfish shells—into high-performance chemistries for various applications, including water treatment and agriculture. Financial terms were not disclosed. “Our partnership with Tidal Vision is a natural fit, as their innovative […]
In Finland, Neste and Singapore-based essential chemicals company PCShave launched a cooperation for the supply of renewable solutions to Southeast Asia’s chemicals industry. The collaboration aims at introducing renewable raw materials to replace fossil ones in chemicals and plastics value chains in the region, Neste said. Neste will supply PCS with Neste RE, a renewable […]
In London, animal advocacy group World Animal Protection has partnered with AI software company PubTrawlr to unveil Cultivator, the first-ever chatbot dedicated to cultivated meat. The tool aims to provide consumers with easy access to information about cultivated meat. The Cultivator is designed to raise awareness and acceptance of cultivated meat by answering questions and […]
In Idaho, sustainable building materials firm Hempitecture has been awarded $8.42 million in funding from the U.S. Department of Energy under the Biden-Harris Administration’s Investing in America agenda. The funds will facilitate an industrial hemp fiber processing and manufacturing facility in northeast Tennessee, aimed at producing high-performing, carbon-reducing products for the building materials, packaging, and […]
