Hope the blog's US readers had a great Memorial Day weekend! So here are last week's big news that came out such as Solazyme's successful IPO and Novamont to build a biorefinery/bioplastic in Italy. I also just finished writing an article about Dow Chemical's successful pilot project on incinerating plastics for energy. This article will come out next week Monday on ICIS Chemical Business.
But let's start today with Myriant's big announcement on its filing for its own IPO.
The US-based bio-succinic acid producer filed its S-1 form with the US Securities and Exchange Commission (SEC) today for a proposed $125m IPO under NASDAQ (symbol "MYRT") . The filing did not disclose how many shares the company plans to sell or the expected price of each share.
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May 31, 2011
May 26, 2011
Zeachem bags low-cost feedstock
US-based Zeachem, which is building a 250,000 gal/year cellulosic demonstration biorefinery in Boardman, Oregon, producing ethanol and ethyl acetate, announced last week that it will be able to soon get 100% of its feedstock at a cost 50% lower compared to Brazilian sugarcane and 80% less compared to corn-based materials.
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Elevance expands specialty chems output
By the way, Elevance's Andy Shafer recently gave a presentation at the ICIS 1st Surfactants conference held in may 12-13...
Bioplastics - Hot in Italy?
Is the global bioplastic industry already benefiting from plastic bag ban in Italy? US-based Cereplast thinks so as it currently goes through its construction plans of a 100,000 tonne/year bioplastic facility in Assissi (Cannara), Italy."After exploring possible sites in several countries in Europe, we identified a central location in Italy, where we have established several strong distribution relationships. In addition, the Italian government has expressed its strong support for the development and use of bioplastics, therefore it was the obvious location choice for our plant.” - Frederic Scheer, Cereplast CEO.According to Scheer, 85% of their business is already based in Europe, where bioplastic demand is expected to reach 1m tons by 2014. The European bioplastics market is growing by 15-20%/year according to the European Bioplastic Association.
[Photo by Fashionblabla]
May 25, 2011
Bioeconomy panel at Helsinki Chemicals Forum
Okay, I am back. Sorry for the long hiatus and right now I also have a article deadline this Friday because of the incoming Memorial Weekend so I'll try as best as I can to put up some posts from my growing draft list.
First, a sneak peek of my participation at a Bioeconomy panel discussion at the Helsinki Chemicals Forum held last week. Thanks to my ICIS colleague Franco Capaldo who took this video. I was actually afraid of watching this but I guess I did alright (not sure if I will do this again as my stomach can't take the stress!)
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First, a sneak peek of my participation at a Bioeconomy panel discussion at the Helsinki Chemicals Forum held last week. Thanks to my ICIS colleague Franco Capaldo who took this video. I was actually afraid of watching this but I guess I did alright (not sure if I will do this again as my stomach can't take the stress!)
May 15, 2011
Weekly News Roundup
The blog will be on hiatus for 1.5 weeks as the green blogger attends the Helsinki Chemicals Forum this week as well as prepares for her final exam on May 24.
There have been a couple of big news the past week such as DSM's announcement of the construction of their commercial bio-succinic acid plant with Roquette; Verdezyne hooking up with BP and DSM on their recent financing round; Singapore-based oleochemical company Wilmar building a natural fatty alcohol plant in Europe in partnership with chemical company Huntsman; Metabolix receiving $6m grant from the DOE for a project aimed at increasing fuel and chemical yields from bio-based products made from switchgrass; another announcement (currently embargoed) coming in this Tuesday; and more announcements below.
I will try to expand on some of them in another post when the blog comes back as well as start writing some overview from the very successful ICIS 1st surfactant conference.
More on this post...
There have been a couple of big news the past week such as DSM's announcement of the construction of their commercial bio-succinic acid plant with Roquette; Verdezyne hooking up with BP and DSM on their recent financing round; Singapore-based oleochemical company Wilmar building a natural fatty alcohol plant in Europe in partnership with chemical company Huntsman; Metabolix receiving $6m grant from the DOE for a project aimed at increasing fuel and chemical yields from bio-based products made from switchgrass; another announcement (currently embargoed) coming in this Tuesday; and more announcements below.
I will try to expand on some of them in another post when the blog comes back as well as start writing some overview from the very successful ICIS 1st surfactant conference.
Linde and Sapphire Energy in Algae Fuel
Carbon dioxide supplier Linde Group and algae developer Sapphire Energy have entered a multi-year development deal for a low-cost system to deliver carbon dioxide to commercial-scale, open-pond algae-to-fuel cultivation systems. A single commercial algae-fuel production facility is estimated to require 10,000 tonnes/day of CO2, which is comparable to 30% of the current merchant market for CO2 in the U.S.Elevance and DSM in bio-plastic
Elevance and DSM have signed a letter of intent for a collaboration to evaluate Elevance's monomers for production of specialty bio-based high performance thermoplastic materials for DSM's engineering plastics portfolio. Elevance will provide natural monomers from plant oils.May 6, 2011
ADM's glycerin-based PG onstream
This is already a two-week old news but I believe still worth mentioning. US agribusiness major Archer Daniels Midland (ADM) said its 100,000 tonne/year bio-based propylene glycol (PG) plant in Decatur, Illinois, had a successful start-up and is now producing industrial-grade PG using refined glycerin as feedstock.
The facility's operations started-up in late March and over the next few months, ADM will ramp up the plant’s production capacity and work toward adding production of propylene glycol which meets USP specifications.
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The facility's operations started-up in late March and over the next few months, ADM will ramp up the plant’s production capacity and work toward adding production of propylene glycol which meets USP specifications.
Weekly News Roundup
The green blogger is going to be a very busy bee for the next two weeks covering the "sold out" ICIS 1st Worlds Surfactants conference (I'll do the welcome speech too) in New Jersey, and after that, the 3rd Global Helsinki Chemicals Forum in Helsinki, Finland, where I will participate in a roundtable talking about bio-economy (my stomach has butterflies just thinking about this).
Hopefully, my colleague Clay Boswell, who will attend next week's BIO World Congress on Industrial Biotechnology and Bioprocessing in Toronto, Canada, will have some goodies to share after I come back.
For now, here are this week's news roundup:
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Hopefully, my colleague Clay Boswell, who will attend next week's BIO World Congress on Industrial Biotechnology and Bioprocessing in Toronto, Canada, will have some goodies to share after I come back.
For now, here are this week's news roundup:
Cobalt bags $20m funding
Biobutanol developer Cobalt Technologies has closed a $20m series D funding round led by Whittemore Collection Ltd., the investment vehicle of Parsons & Whittemore, a global pulp manufacturer. The funding will help Cobalt build its new 470,000 gal/year n-butanol demonstration plant in Alpena, Michigan.Purac joins advanced bioprocess consortium
Purac is investigating the participation in a multi-purpose Bioprocess Pilot Facility (BPF) in a consortium of a number of industry partners and universities, including DSM and Delft University of Technology. This Bioprocess Pilot Facility is planned to be built in Delft, The Netherlands and aimed at scale-up research and education for next generation bioprocesses.May 5, 2011
Interview: Carbon Sciences
My apologies to Carbon Sciences for putting this interview post very, very late. However, this could be a good timing given that price of gasoline is once again within the $4/gal range.
Carbon Sciences, a California-based public company, is developing drop-in gasoline using carbon dioxide and methane gas as feedstock. The company's intellectual property (IP) is centered on its methane dry reforming catalyst based on inexpensive non-noble metals. These catalysts according to Carbon Sciences CEO Byron Elton, are now going through rigorous commercial testing to meet the needs of the oil and gas industry.
Now, I am not that familiar with Carbon Sciences but I did recall talking to former CEO Derek McLeish in late December 2008 about their project of using recycled CO2 to produce precipitated calcium carbonate. The company back then has also been using biocatalysts. Elton noted that the calcium carbonate project has been shelved for now as the company now focuses on producing gasoline from natural gas since the US has plenty of that feedstock lying around. Elton joined the company in January 2009.
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Carbon Sciences, a California-based public company, is developing drop-in gasoline using carbon dioxide and methane gas as feedstock. The company's intellectual property (IP) is centered on its methane dry reforming catalyst based on inexpensive non-noble metals. These catalysts according to Carbon Sciences CEO Byron Elton, are now going through rigorous commercial testing to meet the needs of the oil and gas industry.
Now, I am not that familiar with Carbon Sciences but I did recall talking to former CEO Derek McLeish in late December 2008 about their project of using recycled CO2 to produce precipitated calcium carbonate. The company back then has also been using biocatalysts. Elton noted that the calcium carbonate project has been shelved for now as the company now focuses on producing gasoline from natural gas since the US has plenty of that feedstock lying around. Elton joined the company in January 2009.
May 4, 2011
BioAmber readies for North American plant
We got some new information today about BioAmber's planned North American succinic acid facility as the company announced the closing of its series B $45m financing.
According to BioAmber CEO Jean-Francois Huc, the company is finalizing its plans for a 200,000 tonne/year plant and the choice of the site is now down to two candidates. BioAmber expects to start building this year and commission the facility in the first half of 2013.
[Photo of BioAmber's succinic acid facility in Pomacle, France]
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According to BioAmber CEO Jean-Francois Huc, the company is finalizing its plans for a 200,000 tonne/year plant and the choice of the site is now down to two candidates. BioAmber expects to start building this year and commission the facility in the first half of 2013.
[Photo of BioAmber's succinic acid facility in Pomacle, France]
May 3, 2011
Cereplast to build Italy-based bioplastic plant
Cereplast announced today that is planning to build a bioplastic manufacturing plant in Assisi (Cannara), Italy. The plant will be owned and operated by Cereplast Italia SPA and will be financed through local and regional financing/subsidies with Italian institutions from various state and local agencies. Initial investment is expected around EUR10m-EUR12m ($14.8m-$17.8m).
[Photo by Elsa Wenzel/CNET News.com]
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[Photo by Elsa Wenzel/CNET News.com]
Avantium starts bio-polyester pilot plant
Last week, Avantium announced the start-up of its furanics-based polyester pilot plant at the Chemelot site in Geleen, the Netherlands. The green blog has been following Avantium's development of its platform chemical 2,5-furandicarboxylic acid (FDCA) which will be marketed under the brand name YXY (pronounced ~ ixy).
Avantium CEO Tom van Aken said the 5 ton/year polyester pilot plant is part of a bigger pilot plant that the company is building at the site to demonstrate its YXY technology. The second pilot plant will produce 40 ton/year FDCA monomer, which is expected to come onstream in the second half of 2011.
[Aerial view of Avantium's pilot facility in the Netherlands]
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Avantium CEO Tom van Aken said the 5 ton/year polyester pilot plant is part of a bigger pilot plant that the company is building at the site to demonstrate its YXY technology. The second pilot plant will produce 40 ton/year FDCA monomer, which is expected to come onstream in the second half of 2011.
[Aerial view of Avantium's pilot facility in the Netherlands]
April 29, 2011
Cereplast symbol launched
The new bioplastic symbol will be stamped on products made from Cereplast's bioplastic, which will serve as an identifying mark of bioplastic material.
Weekly News Roundup
The blog is thinking of moving back the Weekly News Roundup to Friday instead of Monday...maybe this will work...maybe...
Amyris now operates commercial plant
Renewable chemicals firm Amyris has completed its first industrial-scale facility in Sao Paulo, Brazil, producing its farnesene product Biofene. Amyris expects production to begin in May using sugarcane syrup as feedstock. Its Biofene will then be sold into industrial applications or used as intermediates to form renewable products such as squalene, base oil and finished lubricants/diesel.
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Amyris now operates commercial plant
Renewable chemicals firm Amyris has completed its first industrial-scale facility in Sao Paulo, Brazil, producing its farnesene product Biofene. Amyris expects production to begin in May using sugarcane syrup as feedstock. Its Biofene will then be sold into industrial applications or used as intermediates to form renewable products such as squalene, base oil and finished lubricants/diesel.
Gevo and Mustang on bio-jet fuel
Gevo signed an engineering and consulting deal with Mustang Engieering to convert Gevo's bio-isobutanol to parafinnic kerosene for use as jet fuel. Gevo expects to initiate jet engine testing with engine manufacturers once it completes a final "fit for purpose" testing at the Air Force Research Laboratory expected in June.April 28, 2011
Green innovation at Bayer MaterialScience
ICIS now officially opens its annual Innovation Awards, which is handled by co-blogger and colleague John Baker. This year, the award has a new category called Best Innovation for Sustainability sponsored by Dutch chemical firm DSM.This category intends to recognize companies that have been innovative in their approach to embracing sustainability practices in product development and production to ensure long-term business continuity and environment quality (I am quoting John's words here...).
I had an interview a couple of weeks ago with Bayer MaterialScience's chief administrative officer Robert Kumpf who is also the head of Bayer North American Corporate Sustainability Community Council. He talked about sustainability-related development programs at BMS here in the US as well as some of the company's innovative new products and processs related to sustainability. I should have told him to try entering this year's ICIS Innovation Awards.
As like other corporate strategies, Bayer's sustainability challenge is to balance between economics, environment and social responsibility (you might have hear it as People, Planet, Profit in another sustainability language). Corporate social responsibility and innovation are two major aspects in the company's sustainability strategies especially for Bayer MaterialScience, said Kumpf.
Genomatica partners with Mitsubishi on bio-BDO
Mitsubishi Chemical and Genomatica are two busy bees this week as fresh from the presses, Genomatica just announced its joint venture partnership with Mitsubishi for the production of bio-BDO as well as other renewable-based chemicals.
The blog mentioned this week the possibility of Mitsubishi selling a 100% renewable-based polybutylene succinate (PbS) -- made from succinic acid and 1,4 butanediol -- and I guess this will come sooner than later with this latest partnership announcement coinciding along with Mitsubishi's recent deal with BioAmber on bio-succinic acid supply and planned production in Thailand.
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The blog mentioned this week the possibility of Mitsubishi selling a 100% renewable-based polybutylene succinate (PbS) -- made from succinic acid and 1,4 butanediol -- and I guess this will come sooner than later with this latest partnership announcement coinciding along with Mitsubishi's recent deal with BioAmber on bio-succinic acid supply and planned production in Thailand.
April 26, 2011
P&G expands sugar-packaged Pantene sale
Procter & Gamble is now heavily marketing its sugarcane-based packaged Pantene Pro-V Nature Fusion hair care products starting in Western Europe this summer. If readers recall, P&G announced in August last year its intent to use Braskem's sugarcane-based high-density polyethylene (HDPE) plastic for packaging on its Pantene Pro-V, Covergirl and Max Factor brands.
According to Braskem, P&G is a long-time customer of the company's traditional PE plastic products. P&G said the newly packaged hair care products will be marketed to the rest of the world over the next two years.
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According to Braskem, P&G is a long-time customer of the company's traditional PE plastic products. P&G said the newly packaged hair care products will be marketed to the rest of the world over the next two years.
Mitsubishi picks BioAmber for succinic supply
Ok, so I was wrong when I assumed Myriant Technologies will be involved with Mitsubishi Chemical Corporation's (MCC) planned bio-polybutylene succinate (bio-Pbs) joint venture with PTT Limited.
Just got the news this morning that BioAmber was picked as the exclusive succinic acid distributor for Mitsubishi's PbS. According to the press release, BioAmber, its Asian distribution partner Mitsui & Co. and Mitsubishi are also planning to conduct a feasibility study to build a succinic acid production facility next to Mitsubishi's planned renewable-based PbS production plant in Thailand.
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Just got the news this morning that BioAmber was picked as the exclusive succinic acid distributor for Mitsubishi's PbS. According to the press release, BioAmber, its Asian distribution partner Mitsui & Co. and Mitsubishi are also planning to conduct a feasibility study to build a succinic acid production facility next to Mitsubishi's planned renewable-based PbS production plant in Thailand.
April 25, 2011
Genomatica's cellulosic BDO in Europe
As previously mentioned, Genomatica recently announced its plans to construct a 40,000 tonne/year bio-butanediol (BDO) demonstration facility in Rivalta, Italy, this time using cellulosic feedstock in collaboration with engineering firm Chemtex, a subsidiary of Italian PET producer M&G (Gruppo Mossi & Ghisolfi).
By the way, M&G is currently building what the company claimed to be the world's first commercial-scale cellulosic ethanol plant in Crescentino, Italy, with a 13m gal/year capacity expected to start production next year. Chemtex is using its PROESA process technology to produce the cellulosic ethanol, and Genomatica said it will also use the PROESA process for its bio-BDO production.
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By the way, M&G is currently building what the company claimed to be the world's first commercial-scale cellulosic ethanol plant in Crescentino, Italy, with a 13m gal/year capacity expected to start production next year. Chemtex is using its PROESA process technology to produce the cellulosic ethanol, and Genomatica said it will also use the PROESA process for its bio-BDO production.
Rivertop to start pilot plant construction
This post was from my Q&A with Rivertop Renewables' new president and chief financial officer Jere Kolstad (ex-CEO Jim Stoppert reportedly still continues as an advisor). The company recently announced its plans to start building its 100,0000 lb/year semi-works plant in the Fall this year at its headquarters in Missoula, Montana, as well as expanding equipments at its current laboratories. The company will initially produce glucaric acid at the semi-works facility.Within a year of starting the pilot production, construction of a 60m lb/year commercial plant is expected, said Kolstad.
"We will first produce commercial product through contract manufacturing and will invest in piloting equipment for the grant-funded semi-works facility once market share is build and equipment financing is in place. Market demand could be sufficiently demonstrated as early as this year," said Kolstad.More on this post...
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