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 New York state, Creative Enzymes the upgrade of its industrial enzyme production platform. The new platform covers the entire workflow from feasibility assessment and strain development to large-scale fermentation, purification, and final filling. Production capacity is flexible and adjustable, supporting both gram-scale research batches and ton-scale industrial manufacturing. Creative Enzymes has demonstrated its industrial enzyme […]
In New Yorks state, Iowa and Missouri have declined New York-style greenhouse-gas reporting and biofuels regulation. New York is trying to override those choices by forcing out-of-state producers to comply with New York’s regulatory regime, regardless of the economic and other harms to Iowa and Missouri residents. Joined by the American Free Enterprise Chamber of […]
In New York state, Turnspire Capital Partners LLC has acquired LifeLine Foods LLC and ICM Biofuels LLC. The operations will be combined under The LifeLine Group, with the food business continuing to operate as LifeLine Foods, and the biofuels business being rebranded as LifeLine Biofuels. Turnspire’s partner in the formation of LifeLine is AgraMarke Quality […]
In New York state, a team of researchers at Binghamton University is doing pioneering research on the use of food waste to produce bioplastic, and they recently published a paper in the journal Bioresource Technology offering fundamental findings for any company interested in scaling up the process. Current biodegradable plastic production can be costly because […]
In New York state, under the right conditions, duckweed essentially farms itself. Wastewater, ponds, puddles, swamps—you name it. If there’s enough sunlight and carbon dioxide, the aquatic plant can grow freely. But that’s not all that makes it intriguing. Packed inside duckweed’s tiny fronds is enormous potential as a soil enricher, a fuel source, protein-rich […]
In New York state, IFF and Kemira announced the formation of Alpha Bio, a joint venture aimed at commercial-scale production of renewable biobased materials. With an investment of approximately €130 million, the Alpha Bio facility will start production in late 2027, converting up to 44,000 MT of plant sugars to bioproducts, including high-performance biopolymers for […]
In New York state, the Staten Island Ferry and NYC Ferry will begin testing the use of renewable diesel fuel, a petroleum-free alternative to traditional diesel fuel. Renewable diesel reduces carbon emissions by 60 percent or more and its use in the ferries will help nearly 30 million annual riders navigate the city’s waterways in […]
In New York state, JetBlue and World Fuel Services announced a new commercial agreement to bring the first regular supply of Blended Sustainable Aviation Fuel (SAF), provided by Valero Marketing and Supply Company (Valero), a subsidiary of Valero Energy Corporation to John F. Kennedy International Airport (JFK) as early as the fourth quarter of 2024. […]
In New York state, Bunker Holding A/S and SyntexNRG Inc. have entered into an agreement for the development and production of renewable methanol to supply the fuel at the ports where Bunker Holding has physical operations located around the world. Commenting on the announcement, Carlos G. Torres, Global Head of Methanol and Strategic Partnerships at […]
