In France, biobased carboxylic acids producer Afyren has received a €3 million (US$3.5 million) grant from the Grand Est Region through the European Just Transition Fund. The funds will contribute to financing the company’s recent buyout of its AFYREN NEOXY plant, now 100% owned by Afyren after the company completed a full buyout of its […]
In France, biobased chemicals maker AFYREN has secured €7 million (US$8.2 million) in additional financing for its subsidiary Afyren Neoxy. The subsidiary reached continuous production of organic acids in mid‑2025. The milestone validated all stages of Afyren’s proprietary fermentation process and enabled the company to begin commercial deliveries of bio‑based acids under multi‑year contracts. “The […]
In France, AFYREN announced the successful completion of a share capital increase of €23 million subscribed by Kemin Industries, a global specialty ingredients and biotechnology leader, and strategic shareholder Bpifrance, via its Large Venture fund. · €20 million invested by industry leader Kemin Industries · €3 million invested by strategic shareholder Bpifrance, via its Large […]
In France, biobased carboxylic acids firm Afyren reports its first facility has achieved continuous production. The Carling Saint-Avold, France fermentation plant is owned by the Afyren Neoxy joint venture between Afyren and Bpifrance’s SPI Fund. It manufactures several biobased acids for a number of markets, including cosmetics, food, and lubricants. “The transition to continuous production […]
In France, biobased organic acids firm AFYREN has announced a €10 million (US$10.2 million) sustainability-linked loan for its subsidiary, AFYREN NEOXY. The company also said it aims to initiate continuous production at its AFYREN NEOXY plant in 2025, a shift from its previous target of 2024. “With our production launch and first sales in 2024, […]
In France, AFYREN, a greentech company building a biobased organic acids plant, has received a €9 million (US$9.5 million) loan from Bpifrance, the French state investment bank. The financing will support start-up of its first plant, located in Saint Avold, France. The loan, structured in two installments of €6 million and €3 million, is part […]
In Paris, biobased carboxylic acids producer AFYREN has signed a commercial contract with an undisclosed US nutraceutical ingredients manufacturer. Under the terms of the multi-year contract, AFYREN will provide its biobased acids for applications such as preservatives and flavors for nutritional supplements. “The multi-billion-dollar nutraceuticals market is expected to grow in the high-single digits over […]
In France, AFYREN, a greentech company that offers manufacturers natural, low-carbon ingredients produced using unique fermentation technology based on a completely circular model, and SUEZ, a world leader in circular solutions for water and waste management, are working together on a new way of creating value from organic waste. Using waste from SUEZ’s collection and […]
