Following its latest successful round of fundraising, Pyran Inc. recently announced that it has received an additional $500,000 grant from the National Science Foundation (NSF).
Continuing its global manufacturing expansion plan, NatureWorks has obtained final authorization from its parent companies to build a new Ingeo™ PLA manufacturing complex in Thailand.
Biochemicals company Circa Group AS has successfully completed a private placement of 575 Norwegian Kroner (NOK) — approximately €56 million — in a transaction led by Pareto Securities and Sparebank 1 Markets in Oslo, at a post-money-market valuation of approximately NOK 2 billion (approximately €194 million).
Representing a progressive approach between two sustainable chemistry leaders, Elementis and NXTLEVVEL Biochem have formed a commercial agreement that will enable them to develop, manufacture and sell a portfolio of bio-based products.
Towell Engineering Group, Muscat, Oman, and GFBiochemicals, Geleen, the Netherlands, announced the formation of a joint venture for the production and marketing of bio-chemicals using GFBiochemicals' proprietary technology.
The U.S. Department of Agriculture's BioPreferred® Program commissioned a report on the impact of bio-based products in the United States, titled "An Economic Impact Analysis of the U.S. Biobased Products Industry: 2018 Update."
Elevance Renewable Sciences Inc. has certified two process residue streams, olefins and saturated heavy methyl esters, produced at its Gresik, Indonesia, bio-refinery as process residue under the International Sustainability and Carbon Certification EU system.
DuPont Industrial Biosciences (DuPont) and Archer Daniels Midland Co. announced the opening of the world's first biobased furan dicarboxylic methyl ester (FDME) pilot production facility in Decatur, Illinois.
