Tag: Lithuania

Biomatter raises €6.5 million to boost AI capabilities

Biomatter raises €6.5 million to boost AI capabilities

August 12, 2024 |

In Lithuania, enzyme design startup Biomatter has secured €6.5 million in a seed financing round to expand its generative AI platform for developing new enzymes faster. Biomatter develops custom enzymes for chemicals production, agriculture, food and medicine. Its customers include chemicals giant BASF and Neogen.  “The enzymes we have developed show that we can go […]

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Lithuanian biomethane plant to produce 1,000 cubic feet per hour from animal waste

Lithuanian biomethane plant to produce 1,000 cubic feet per hour from animal waste

July 25, 2024 |

In Lithuania, AB Kaišiadorių Paukštynas, an indirect subsidiary of AB Akola Group, plans to build a biomethane production plant for 19.4 million euros, which is expected to be constructed on the company’s land plot in Kaišiadorys district in the first quarter of 2026. Biomethane production is expected from the second quarter of 2026, and the […]

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Green Genius upgrading 9 Lithuanian biogas plants to biomethane

Green Genius upgrading 9 Lithuanian biogas plants to biomethane

April 29, 2024 |

In Lithuania, Green Genius is upgrading its biogas plant portfolio in Lithuania to biomethane production. It is the largest biogas portfolio in the Baltics, and Green Genius will invest €35 million to modernize it. Swedbank Lithuania partly finances the project, and the Ministry of the Environment of the Republic of Lithuania also provides financial support.  The […]

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Lithuanian scientists discover how to recycle cigarette butts to reduce biodiesel production costs

Lithuanian scientists discover how to recycle cigarette butts to reduce biodiesel production costs

December 26, 2023 |

In Lithuania, Lithuanian scientists discovered a way to reduce the cost of biodiesel production by adding the by-product of cigarette waste recycling. The high production cost of biodiesel remains a major barrier to its wider applicability, and, depending on the biomass source, using it may cause pollution. Adding a blender such as a triacetin compound, […]

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