The European Parliament’s environment committee on Tuesday 24 February 2015 backed a new limit on traditional biofuels made from food crops that critics say stoke inflation and do more harm than good to the environment. Those seeking to promote a new generation of advanced biofuels made from seaweed and waste…
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…