November 2, 2009

Weekly News Roundup: Grants galore!

I apologize for the delay in the News Roundup. I have some big researching to do regarding an upcoming article about high technology chemicals/materials for space crafts. This is my first time covering this market and so if any companies are interested in participating in the article, let me know! I have until November 20 to get information and this will come out on ICIS Chemical Business' December 14 aerospace issue.

In the meantime, here are this week's roundup. Noticed that most of them are about green funds and grants. Get the money flowing!

$12m funds for bio-succinic
DNP Green Technology (one of the biobased succinic acid developers) raised $12m in equity investments led by Sofinnova Partners and including Mitsui & Co. Venture Partners, Samsung Ventures Investment Corporation, the Cliffton Group and AquaRIMCO.

PlastiPure gets NIEHS grant
PlastiPure received a $1.1m grant from the National Institute of Environmental Health and Safety (NIEHS) to continue development and commercialization of plastics that do not leach chemicals with harmful estrogenic activity (EA).

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