Category: M&A, Corporate and Financial News
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Novolex Invests $10 Million in Mechanical Recycling (FREE)
Investment will enable the facility to recycle even more plastics bags and other polyethylene film, producing up to 28 million pounds of recycled material annually. This is a FREE article
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Almi Invest Greentech and Cellfion Partner on Biobased Membranes for Energy Storage
Almi Invest GreenTech invests in Cellfion, which makes it environmentally friendly to store energy
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New Zealand PHA Startup Receives Government Investment
New Zealand Bio-Innovation company Plentyful has broken ground on a world-leading facility that will transform organic waste into compostable, environmentally friendly plastic alternatives.
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Update on the Most Bizarre Bioplastic Merger
Let me resume, they found $ 100 million Dollar in the closet of a bioplastic company … that had not yet been created. Those guys know how to make an entry. I mean, what is their next step? Going into politics? It gives you an idea of the current bioplastic Eldorado.
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UAE and Shell to Buy Third Largest Sugarcane Processor
Mubadala & Raizen in final round to buy BP-Bunge Brazilian ethanol venture
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TimePlast Launches Public Offering for Water Soluble Polymers
Timeplast Launches SEC-Regulated Public Offering Of Groundbreaking Water Soluble Alternative To Plastic
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Constructive Bio Launched to Develop Biomaterials
Constructive bio launches with $15m seed investment to re-engineer biology, creating new classes of enzymes, pharmaceuticals and biomaterials
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Yunhong Launches Yunhong Biotechnology for Compostable
Yunhong CTI Ltd. Announces the Arrival of Yunhong Biotechnology, Inc.
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Bluestem Biosciences Raises $5 Millions
Bluestem Biosciences, A Sustainable Chemicals Startup, Closes $5 Million Pre-Seed Funding to Scale Discovery Through Industrial Anaerobic Fermentation
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Canada Invests $1.8 million in Green Economy
The Minister of Agriculture and Agri-Food, the Honourable Marie-Claude Bibeau, announced today an investment of over $1.8 million under the AgriAssurance Program to assist Bioindustrial Innovation Canada to further develop quality standards to accelerate growth of the bioeconomy in the agriculture sector.
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Genecis Raises $10 Millions
Genecis Raises Us$10 Million In Funding To Commercialize Biodegradable Plastic Products
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Cyclyx Invests in New Recycling Lab
Cyclyx commissions new plastics laboratory in New Hampshire, expanding waste plastic processing capabilities
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Huue Receives Funding for Biobased Dyes
Synthetic Bio Startup Huue Secures $14.6M Series A to Launch The World’s First Clean & Scalable Indigo Dye
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Insempra Invests in Solena Materials
Strategic investment to support the foundation of Solena Materials, a spin-out from Imperial College London, accelerating the development of synthetic fibers for high-performance, intrinsically sustainable clothing
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Great Wrap Raises Millions for Compostable Films
Great Wrap receives international investment to innovate materials and solve global waste problems
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Itero to Build Chemical Recyling Plant in NL
We Are Scaling Our Plastic-To-Product Recycling After Raising €6M In Investments, Led By Infinity Recycling’s Circular Plastics Fund
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Shell Chemicals Goes Net Zero and Sustainable Chemicals
Shell Chemicals Park Moerdijk Accelerates Transition To Become Net Zero Emissions And Produce More Sustainable Chemicals
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Indonesia Impact Fund Invests in Greenhope
The Indonesia Impact Fund (IIF) officially funds biotechnology startups . Greenhope is a plastic producer made from environmentally friendly natural raw materials ( biodegradable – bioplastic ) by utilizing cassava or cassava.
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Danimer Application for DOE Grant Update
Danimer Scientific Invited to Submit Part II Application for DOE Loan Guarantee
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Bangladesh Scientist Invents Jute Cellulose and Polymer Bags
The scientist is looking for funding to scale up production.
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Bio-Sep Scale Up
Bio-Sep secures $1.7 Million for our green-tech that turns sawdust into sustainable biochemicals, from investors including London Business School’s Enterprise 100 investment club and ACF Investors, with additional participation from a hedge fund that specialises in climate and clean energy technology.
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Shell Orders Bio Isobutene from Global Bioenergies
Global Bioenergies secures first order from Shell for testing volumes of bio-isobutene derivatives
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NATO Innovation Fund
On Thursday (30 June 2022), at a signing ceremony hosted by NATO Secretary General Jens Stoltenberg, Leaders and Ministers from 22 Allied countries* launched NATO’s Innovation Fund, the world’s first multi-sovereign venture capital fund.
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Eco Safety Buys Soy Technologies to Expand Biobased Coatings Business
Eco Safety, Inc Acquires Soy Technologies, LLC to Expand its Bio-Based Coatings and Methylene Chloride Alternatives
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University of Bath Microbeads Startup Receives Million
Spin-out company aiming to replace harmful plastic microbeads receives £1.3M investment
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Lignin Industries Funded by EU Innovation Fund
Spinverse helped Lignin Industries secure 4.4 M€ from Innovation Fund to expand their production of bio-based materials
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Mojia Biotech Raises Millions for Bio Materials Production
Mojia Biotech Completes Series B Financing to Advance Manufacturing of Bio-based Materials
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Economic Attributes of Green Fiscal Spending
How Stimulating Is a Green Stimulus? The Economic Attributes of Green Fiscal Spending
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CropEnergies Buys Stake in LXP Group
CropEnergies AG, Mannheim, has acquired a stake in LXP Group GmbH, Teltow (Germany), at the end of May 2022. For approx. EUR 2 million, CropEnergies secured just under 20 percent of the Brandenburg-based biotech startup as part of a capital increase.
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SKC Sells PE Film Business to Focus on PBAT
SKC sells plastic film business to private equity — It’s completely nuts to gamble everything on PBAT. Especially, when PE may well be the first and only plastic to reach circular status.
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Financial Sector to Push for Net Zero
GFANZ Launches Asia-Pacific Network to Support Asia-Pacific Financial Institutions’ Move to Net Zero — The Net Zero initiative is to monetise the environment, biodiversity and ecosystems. It’s the apogee of greed. Net Zero is a greenwashing scheme like the “recycling” movement of the 1980s and 1990s. It’s more about making money than really solving environmental…
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BlackRock Officially Enters the Circular Business
Closed Loop Partners’ Leadership Fund Continues to Buy and Build Circular Economy Businesses that Mitigate Waste and Strengthen Circular Supply Chains — The Circular Movement has never really been about the environment; it’s about business …. as usual. Greed is deeply rooted into human nature …. it’s our achilles’ heel.
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CBE JU Funding Priorities for 2022
Today CBE JU published its Annual Work Programme, including information about the 2022 call for project proposals — Or shall we say … how to give money to friends and friends of friends? A remake of the feudal system.
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Lanxess and Advent Buy DSM Engineering Materials
LANXESS and Advent International establish a leading global joint venture for high-performance engineering polymers
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EU Green Funds are Harming the Environment and Biodiversity
EU spends billions in renewable and green recovery project that results in the destruction of the environment and biodiversity due to systemic lack of scrutiny says new report.
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Relement Fundraising for Bio MPA
Relement raises 1 million Euro seed round to scale-up renewable coating ingredient
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Investor Capital at Risk Because of Plastic Industry
Eur 678 Billion Of Investor Capital At Risk From Eu Plastic Industry’s Business-As-Usual Model
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Natrify Raises Millions to Develop Bioplastics
Egyptian Startup raises millions to develop biodegradable plastics
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Phillips 66 Has a Plastic Middle Life Crisis
The resolution requests that Phillips 66 publish a report describing how it could shift its plastic production business from virgin to recycled plastic polymers
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Mitsubishi Chemical Holdings Results
Consolidated Financial Results for the Fiscal Year Ending March 31, 2022
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Australian Bioplastics Startup Almost Crowd Funded $ 1 Million
So close: Compostable packaging gurus HeapsGood wrap up almost $1m in crowdfunding round
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NFW Closes Fundraising for Circular Materials Platform
NFW Closes $85 Million Series B to Scale First Naturally Circular Materials Platform and Reach New Markets
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Eastman Q1 2022 Results
Eastman Chemical Company (NYSE:EMN) announced its first-quarter 2022 financial results.
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Smurfit Kappa Q1 2022 Results
Smurfit Kappa Group plc (‘SKG’, ‘Smurfit Kappa’ or ‘the Group’) today announced a trading update for the 3 months to 31 March 2022.
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Startup Raises Cash for Compostable Shopping Mailers
Australian startup raises $ 1.5 million to develop its North American business
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Good Natured Buys FormTex Plastics
good natured Products Inc. Announces Acquisition of Houston-based FormTex Plastics and Concurrent $8 Million Bought Deal Equity Offering
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Scotland Launches CO2 Utilisation Challenge Fund (FREE)
£5m fund launched to develop carbon dioxide utilisation technology
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Billy Goat Buys More Shares in Evanesce
Billy Goat Brands Increases Ownership of Sustainable Packaging Disruptor Evanesce Packaging
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Encina Goes Chemical Recycling
Encina Announces $1.1 billion investment in new advanced manufacturing facility in Pennsylvania
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Venture Capitalists Invest in Bcomp
Bcomp has closed its oversubscribed Series B financing round of CHF 32.4 million (USD 35 million) with commitment from a range of mobility-, financial, and impact investment companies
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Closed Loop to Invest in RRS Nextcycle
Closed Loop Partners Pledges up to $5 Million to Support Innovations from RRS NextCycle Initiative
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Enzymit Funded by Enzyme Research
Enzymit receives millions for the development of designer enzymes that could replace nearly every inefficient, unsustainable and polluting chemical reaction used in modern production methods.
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US Grants for Potato, Wine and Barley Innovations
Three Idaho-based grants support potato, wine and barley innovation
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Direct Air Capture Raises Millions
Direct Air Capture Startup Heirloom Raises $53MM Series A, Among the Largest Investments in New Carbon Removal Technologies
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Canada to Invest in New Biobased Projects
The Government of Canada is making investments to enhance Canada’s competitive advantage, diversify market opportunities, create good middle-class jobs and achieve our emissions reduction targets.
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Stora Enso to Disinvest from Paper Business
Stora Enso plans to divest four paper sites to focus on strategic growth areas
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Interview with Indorama CEO
Indorama aims to invest $8bn in chemically recycled and bio-based plastics
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EU Member States to Increase Control on CBE JU
Members of the newly formed CBE JU’s advisory body held their first meeting today, to elect the group’s Chair and Vice-Chair, adopt its rules of procedure and discuss the setup of CBE JU.
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CBD Global Sciences Buys Pure Bioplastic Inc
CBD Global Sciences, dba Global Sciences Inc. to Acquire Pure BioPlastics Inc., a Colorado Renewable Plastics Company
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LX International to Invest in Bioplastics
LX International breaks into the eco-friendly biodegradable plastic market
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Afyren 2021 Results and New Plant
AFYREN announces the industrial commissioning of its AFYREN NEOXY plant and publishes its 2021 Full-Year Results
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Samsara Raises Millions for Infinite Recycling
CEFC and W23, Woolworths Group’s venture fund, back Samsara in $6 million raise to tackle infinite recycling
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ESG Clean Energy Acquires New Patent for Carbon Capture
ESG Clean Energy Acquires New Patent for Advanced Bottoming Cycle Power Generation and Carbon Capture Technology
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Dow Invests in Chemical Recycling Startup Plastogaz
Dow to simplify plastic waste-to-feedstock process through investment with start-up Plastogaz
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$ 500 Million Investment Fund for Hemp
rePlant Hemp Advisors Opens $500 million First-To-Market Sustainable Impact Fund For Investment
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Yield10 Biosciences 2021 Results
Yield10 Bioscience Announces Fourth Quarter and Full Year 2021 Financial Results
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Vertoro to Pitch at NREL Industry Growth Forum
One of 40 cleantech startups selected globally, Vertoro will present its Goldilocks® decarbonization solution to potential investors and other cleantech industry stakeholder.
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Lanzatech to go Public (FREE)
Lanzatech Nz, Inc., A Market-Leading Innovator In Carbon Capture & Transformation, To Go Public Through Business Combination With Amci Acquisition Corp. Ii. This is a FREE article
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Corbion Results 2021 (FREE)
Corbion reported net sales of € 1,070.8 million in 2021. Organic net sales growth was 14.7% for the year. This is a FREE article
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Ceflex Receives Funding for Eco Design Flexible Packaging (FREE)
CEFLEX awarded UK Research and Innovation funding for flexible packaging design testing programme. This is a FREE article
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Novoloop Raises Millions for Plastic Waste Upcycling
Announces joint development partnership with Bemis Associates to convert plastic waste into performance products
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Perstorp and Project Air Submit EU Innovation Fund Application
Perstorp and Project Air renew EU application for major green chemistry investment
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Borealis Launches Sustainable Plastics Industry Transformation
Borealis Finland launches collaborative research and development programme SPIRIT to drive industry change
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Mitsubishi Chemical Invests in Carbon-Negative Composite Technology
Diamond Edge Ventures, the Corporate Venture Capital Arm of Mitsubishi Chemical Holdings, Leads Lingrove’s Series A to Scale Production of its Carbon-Negative Ekoa®, Replacing Wood and Plastics in Furniture, Autos, and Interiors
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Hugo Boss Invests in Decarbonised Yarn
Heiq Aeoniq “Game-Changing” Decarbonizing Yarn Endorsed By Hugo Boss And The Lycra Company
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Celanese to Acquire Dupont Materials Unit
Celanese To Acquire Majority Of Dupont’s Mobility & Materials Business. Establishes Celanese as the Preeminent Global Specialty Materials Company
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Norske Skog Saugbrugs Funded for Nanocellulose and Biocomposite Investment
Norske Skog Saugbrugs awarded research funding for nanocellulose and biocomposite investment
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European Development Banks to Invest Billions in Clean Oceans Initiative
European banks to invest billions in protecting oceans from plastic
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DMC Raises $ 39 Millions (FREE)
Subsequent Close of Series B Financing, Total Raised $39 million. This is a FREE article
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Novozymes Financial Results 2021 (FREE)
Novozymes delivers strong 2021 full-year results and expects continued, solid progress in 2022.
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DOE Scale-Up Funding Opportunity Announcement for Biorefineries
New Notice of Intent for the Scale-Up of Biofuel and Bioproduct Refineries Award
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ECBF Invests in Agricultural Water Management
ECBF invests in the €16M VC round of Elicit Plant, France, to accelerate commercialization of their water stress management solutions for field crops internationally
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Circa Group Receives Grant for French ReSolute Plant (FREE)
Circa Awarded €8.2M Grant By French Government ‘Relance’ Programme. This is a FREE article.
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Global Bioenergies Receives Grant for French Plant
€500,000 subsidy granted to Global Bioenergies by the Grand Est region as part of the France Relance plan
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Bioplastics Among Goals of UMaine Seed Grant Awards
UMaine Portland Gateway announces CONVERGE Maine seed grant winners
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HP Buys Choose Packaging
Transaction supports HP’s strategy to disrupt strategic vertical markets and drive environmental sustainability
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Reorganisation at ExxonMobil (FREE)
ExxonMobil streamlines structure to enhance effectiveness, grow value, reduce costs. This is a FREE article











