Green Biologics (GBL) announced the closing of an internal follow-on equity round of $42 million co-led by Swire Pacific Limited and Sofinnova Partners.
AkzoNobel has joined forces with SuikerUnie, Rabobank, Deloitte, Investment and Development Agency for the Northern Netherlands (NOM), Groningen Seaports, and the Province of Groningen, to investigate the possibility of producing chemicals from beet-derived sugar feedstock.
Verdezyne Inc., a privately held industrial biotechnology company focused on producing renewable chemicals, has reached an agreement with Bio-XCell Malaysia to construct Verdezyne’s first commercial-scale renewable chemicals manufacturing facility in Bio-XCell’s biotechnology and ecosystem park in Nusajaya, Iskandar, in southern Malaysia.
AkzoNobel is part of a major Dutch partnership working with Canada's Enerkem to explore the use of waste streams as a feedstock for chemical production and the development of waste-to-chemicals facilities.