In Spain, MAPFRE, alongside its partner Abante and IAM Carbonzero, who will act as the fund advisor and energy sector specialist, is launching the fund MAPFRE Energías Renovables II, FCR. As an innovative project in the European context, it will invest in biomethane, a 100% green biofuel obtained from animal and vegetable waste that can […]
In France, TotalEnergies is actively responding to a call from its aviation customers to increase production of sustainable aviation fuel (SAF). As from 2028, the Company will be in a position to produce half a million tons of SAF, enough to cover the gradual increase in the European SAF blending mandate, set at 6% for […]
In Virginia, Capra Biosciences is scaling up their novel bioreactor technology to produce sustainable chemicals in Northern Virginia. This project was funded through a special BioMADE Project Call focused on advancing bioreactor design and development, thanks to support from Schmidt Futures. The expansion will jump start Virginia’s bioeconomy and place the state on the map […]
In Finland, UPM Biochemicals and VAUDE, a sustainable supplier of outdoor apparel, said they will produce outerwear made with bio-based chemicals. Under the terms of the deal, UPM and VAUDE will produce the first ever fleece jacket made from wood-based polyester. The resin used to make polyester contains 30% monoethylene glycol (MEG) which is traditionally […]
In North Carolina, Glatfelter Corporation announced that its GlatPure Acquisition Distribution Layers (ADL) and Absorbent Core have received the class 4 OK Biobased certification from TUV Austria, with the biobased carbon content of GlatPure ADL and Absorbent Core being at 100%. The firm noted that the OK Biobased certification from TUV Austria is a recognized […]
In Thailand, Thaiger reported that the Thai Cabinet has given the green light for the promotion of ethanol in the production of bioplastics, aiming to develop more eco-friendly materials. The report noted that this decision supports the ethanol bioplastic manufacturing industry with tax exemptions for bioethylene, a key precursor in bioplastic pellet production. Current legislation […]
In New York, Uncaged Innovations, a biomaterials startup focused on sustainable leather alternatives, has raised a $2 million pre-seed round from investors, including InMotion Ventures, Jaguar Land Rover’s (JLR) investment arm. The funding will be used to launch the company’s next-generation high-performance vegan leather, a sustainable alternative to traditional animal products that do not compromise […]
In California, VGrid Energy Systems announced it has earned the U.S. Department of Agriculture (USDA) Certified Biobased Product Label for its Persist PAF liquid plant and soil enhancer. Persist PAF is a blend of organic acids and natural compounds. PAF packaging will display a unique USDA label highlighting its 100% biobased content. Third-party verification for […]
In New York, ReportLinker reported that the global methanol market is expected to grow from $30.9 billion in 2023 to $38 billion by 2028. According to the report, the global methanol market will expand at a CAGR of 4.2% during the period. The increasing demand for methanol for various derivatives such as formaldehyde, MTO/MTP, gasoline, […]
In Denmark, A.P. Moller – Maersk said it has secured green methanol for the maiden voyage of the world’s first methanol-enabled container vessel. Maersk has signed a deal with Dutch producer OCI Global on the delivery of green bio-methanol for the maiden journey. The 21,500 km trip from Ulsan, South Korea to Copenhagen, Denmark will […]
