Archive | January, 2012

Glycerin glimpse in REG’s IPO

Do you know why the blog is interested in this $100m initial public offering (IPO) by America’s largest biodiesel producer Renewable Energy Group (REG)? Because aside from biodiesel, REG is also a major producer of crude glycerin, the chemical by-product of biodiesel manufacturing (10:1 ratio meaning a 10 lb biodiesel will yield 1 pound crude […]

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Bio-methionine developments

France-based METabolic EXplorer (METEX) and Roquette announced last week that the companies are now initiating an industrial engineering study on the production of a 100% bio-based L-Methionine, which the companies have been developing for several years.   Methionine is an essential amino acid mainly used in animal feeds. According to METEX, the amino acid is […]

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Penford, Novomer in starch PPC

This news has been out for days now but Penford and Novomer just released its formal announcement today on their partnership to develop and commercialize packaging materials made from the combination of starch and poplypropylene carbonate thermoplastic polymer (which is composed of nearly 50% by weight waste carbon dioxide developed by Novomer. The companies said […]

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Metabolix, ADM cut bioplastic ties

I guess when US agribusiness major Archer Daniels Midland wants to cut costs, they really mean cutting costs and that include 1000 job layoffs (3% of the company’s workforce) and dissolving its bioplastic joint venture Telles LLC with Metabolix as the JV’s capital costs were more than anticipated, commercialization of Telles’ bioplastic product took longer […]

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Ethanol – Zeachem’s highest margin product

Why focus on ethanol? This has always been a question that lingers in my mind every time companies such Zeachem and even Gevo, LanzaTech and Amyris talk about their activity progress in the biofuel space. Well, I bluntly asked this question to Zeachem CEO and president Jim Imbler, and his answer is just what the […]

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Sasol sells German oleo plant to Cremer

Sasol’s Witten, Germany, plant Can you tell that I love getting information about the oleochemical (lipid-based chemicals) market? The global oleochemicals market is not that big but there sure are a lot of activities going on in this space!   After the sale of US-based Vantage Specialty Chemicals to another private equity firm The Jordan […]

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Weekly News Roundup

What the blog is currently working on for ICIS Chemical Business is a story on succinic acid. This market is very small but people are wondering whether this chemical will have a big impact in the market in the future. Unfortunately, the two big producers — Myriant and BioAmber — are currently under IPO so […]

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Feedstock news galore

I used to cover the agbiotech market where BASF, DuPont via Pioneer Hi-Bred, Dow Chemical via its Dow Agrosciences business, Syngenta and Monsanto where at each other’s throats (I think they still are) competing to have the highest oil-yielding oilseed; the most drought-resistant and insect-resistant corn, soybeans, wheat, and other food crops; and developing crops […]

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Vantage Specialty Chemicals sold

FYI for our oleochemical friends: Vantage Specialty Chemicals, the largest oleochemical producer in North America, is now owned by the Jordan Company (TJC), a private equity firm.   Vantage’s former owner, H.I.G. Capital sold the company for an undisclosed sum. ICIS actually broke this news in December 7 (subscription only) after several sources in the […]

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Venture investments still strong in 2012

It looks like another great start within the sector as indicated by this news about BASF investing $30m in Renmatix. As mentioned in previous posts, I had been working on an article for ICIS Chemical Business (subscription required…sorry) about 2011 overview and 2012 outlook in renewable chemicals investments, and this year, it looks like the presence […]

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