In California, Codexis, Inc., a leading enzyme engineering company reported record product revenue of $14.7M, up 227% YOY, that drove their product gross margin to a new high of 71%. Product revenues were primarily driven by the sale of enzymes used to manufacture branded pharmaceutical products. “Codexis had an extraordinarily strong second quarter, with record […]
In Washington, D.C., President Biden signed an Executive Order on Friday that sets an ambitious new target to make 50% of all new vehicles sold in 2030 zero-emissions vehicles, and also kicks off development of long-term fuel efficiency and emissions standards to save consumers money, cut pollution, boost public health, advance environmental justice, and tackle […]
In California, Scientists at Stanford University and the Department of Energy’s SLAC National Accelerator Laboratory made a new catalyst, based on nickel atoms, that works with either heat or electricity and accelerates a reaction for turning carbon dioxide into carbon monoxide – the first step in making fuels and useful chemicals from CO2. Their work […]
The Olympics in Tokyo just ended and it is slated to be one of the hottest on record with extreme heat and humidity forcing changes to track, tennis and women’s soccer schedules and World Athletics president Sebastien Coe saying “You don’t have to be a devotee of climate change or a denier to know the […]
As many students around the world are in or preparing for school, a new children’s book, “Where Do Hot Dogs Come From,” is tackling the topic of cellular agriculture in the hopes that future generations will eschew resource-intensive animal farming in favor of sustainable, slaughter free alternatives like lab-grown meat. Other innovations this week include […]
In California, NovoNutrients, an alternative proteins company that uses industrial carbon dioxide emissions, cheap hydrogen and naturally occurring microbes to create high-grade proteins for human and animal consumption, announced a $4.7 million raise led by Hong Kong-based global venture firm, Happiness Capital. NovoNutrients previously raised $4.3 million in venture backing, as well as a multiple […]
In California and China, Bota Bio raised more than $100 million in an oversubscribed Series B funding round, which will be used to expand the company’s global operations and build out Bota Bio’s lab-to-pilot scale platform to facilitate the rapid scale-up and deployment of the company’s product pipeline in consumer goods, food, nutrition, and pharmaceutical […]
In Maine, the Bangor Daily News reports that Biofine Developments Northeast Inc. reached a tentative agreement with Lincoln and Lincoln Lakes Innovation Corp. to open a multi-phase biofuels refinery development on a former Lincoln mill property. “Biofine Developments Northeast, a Maine-based subsidiary of the Massachusetts company Biofine Technology, uses a technology that uses waste wood […]
In Italy and Germany, Eni and BASF signed a strategic agreement on a joint R&D initiative to develop a new technology to produce advanced bio-propanol from glycerin, a side stream of the production of industrial biodiesel (FAME, fatty acid methyl ester), that Eni will purchase from European producers. The technology under development involves the conversion […]
In the United Kingdom, KPI OceanConnect launched its Alternative Fuels and Special Projects division to enhance its counterparts’ ability to achieve their sustainability ambitions and expand KPI OceanConnect’s future fuels capabilities. Bill Wakeling, an expert in marine fuels, will lead the new offering. As pressure intensifies for the shipping industry to become more sustainable, KPI […]
