Nordic Bioproducts Group, PTCC MCC form bio-PBS pact
In Finland, Nordic Bioproducts Group has entered into a strategic Memorandum of Understanding with Thailand’s PTT MCC Biochem Company Limited to create new grades...
Solugen breaks ground on Minnesota biobased chemicals plant
In Marshall, Minnesota, Solugen has broken ground on a new biomanufacturing facility adjacent to an Archer Daniels Midland corn processing complex. The 500,000-square-foot Bioforge™...
Evonik creates Botanicals & Natural Actives segment
In Germany, Evonik has formed a new Botanicals & Natural Actives business segment to better meet the growing demand for botanical extracts and claim-substantiated...
Neste and Lotte Chemical sign biobased chemicals and plastics pact
In Finland, Neste and South Korean chemical company Lotte Chemical have partnered to replace fossil resources with renewable raw materials in the manufacturing of...
Liberation Labs raises $12.5 million
In the Isle of Man, cellular agriculture company Agronomics has invested $10 million in its portfolio company, Liberation Labs Holding, as part of a...
Gaia Biomaterials receives $5 million rights issue to help scale limestone-based bioplastic
In Sweden, bioplastics maker Gaia Biomaterials has secured a $5 million rights issue backed by the Swedish state-owned greentech venture capital fund Almi Invest...
Sparxell raises $3.2 million for biobased pigments
In the United Kingdom, Sparxell, a developer of plant-based pigments, has completed a $3.2-million funding round. The cash will be used to accelerate development...
NatureWorks and IMA create compostable coffee pod
In Minnesota, a two-year partnership between IMA Coffee and polylactic acid producer NatureWorks has resulted in the development of a compostable coffee pod. Unveiled...
CJ Biomaterials taps Matmerize for biopolymer-optimizing AI
In Massachusetts, CJ Biomaterials has successfully used Matmerize’s artificial intelligence technology to optimize polyhydroxyalkanoates biopolymers.
Spun out of the Georgia Institute of Technology, Matmerize’s...
Belgrade’s Bpack backs bark-based bioplastic
In Belgrade, a packaging startup has developed a bioplastic using bark—an underutilized waste from timber processing—and used coffee grounds. According to AgFunderNews, Bpacks’ material...