Bio based chemicals are the unexpected beneficiaries of the North American shale gas boom, says a special report from IHS Inc., a leading global source of critical information and insight. Sugars, glycerin and other plant-derived feedstocks are emerging as economically competitive starting materials for a range of commodity chemicals, in…
Evonik has closed on an equity investment in Biosynthetic Technologies, LLC (BT), a specialist in biobased lubricants headquartered in Irvine (California, USA). BT has developed and manufactures a new class of bio-based synthetic oils called estolides that are used primarily in the passenger car motor oil and industrial lubricant sectors.…
EU and industry leaders have today launched a new European Joint Undertaking on Bio-based Industries (BBI). The aim is to trigger investments and create a competitive market for bio-based products and materials sourced locally and “Made in Europe”, tackling some of Europe’s biggest societal challenges. €3.7 billion will be injected…