Following its recent acquisition of the U.S.-based biotechnology company Virdia, Stora Enso is investing €32 million in a demonstration and market development plant to be built in Raceland, Louisiana.
Elevance Renewable Sciences Inc. announced that Steven Mills, former Chief Financial Officer at Amyris Inc., is joining the company’s Board of Directors.
Allied Market Research has published a new market research report titled Bio-succinic Acid Market - Size, Share, Trends, Opportunities, Global Demand, Insights, Analysis, Research, Report, Company Profiles, Segmentation and Forecast, 2013 - 2020.
Sartomer Americas has earned the Certified Biobased Product designation from the USDA for its entire Sarbio® line of 13 specialty acrylates and methacrylates.
Bio-based material and chemical (BBMC) technologies have reached an inflection point with companies scaling to commercial production levels and growing revenues, according to Lux Research.
Bio-based products company Corbion announced that both Gerard Hoetmer and Koos Kramer will step down from their positions during the company’s annual general meeting on May 12, 2014.
Versalis, the chemical subsidiary of Eni, and Elevance Renewable Sciences Inc., a producer of specialty chemicals from natural oils, have signed a memorandum of understanding to establish a partnership to jointly develop and scale a new metathesis technology to produce bio-chemicals from vegetable oils
UK-based Green Biologics Ltd., a technology developer and emerging bio-based C4 chemicals producer focused on renewable n-butanol, has closed a £15.4 million (approximately $25 million) Series B round led by Sofinnova Partners with strategic participation by Swire Pacific Limited.
High production costs associated with petroleum-based succinic acid are a key challenge for industry participants, which leads to enhanced focus on the development and commercialization of bio-based succinic acid.
