Category: M&A, Corporate and Financial News
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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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Philippines Goes for Plastic Money
BSP Releases Polymer Banknotes to Banks for Circulation
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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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Lotte Chemicals to Invest in Bioplastics
Lotte chemical will make a large investment in bioplastics
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Inno-Pak Buys Stalk Market
Inno-Pak acquires compostable packaging provider Stalk Market
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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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Trimas Buys Intertech
Further Expands TriMas’ Packaging Group into Medical End Market Applications
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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
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Germany Invests in Bio Activated Carbon
Bio Activated Carbon from Renewable Raw Materials. One million euro funding for research project of carbonauten GmbH and the Uni of Hohenheim
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An Phat Holdings Ready for a New Phase
On January 18th, 2022, An Phat Holdings (APH) successfully organized the 2021 Year-end Ceremony and started implementing the plan of 2022 at An Phat Bioplastics factory in Hai Duong city
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Danimer Scientific Appoints New CFO
Danimer Scientific Appoints Michael A. Hajost as Chief Financial Officer
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Remade Request for Information
Today, the Reducing EMbodied energy And Decreasing Emissions (REMADE) Institute, a public-private partnership established by the United States Department of Energy (DOE), issued a Request for Information (RFI) to solicit feedback from interested individuals and entities such as industry, academia, research laboratories, government agencies, and other stakeholders to ensure:
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Good Natured Financial Results 2021
good natured Products Inc. Announces Preliminary Unaudited Results for the Fourth Quarter and Full Year Ended December 31, 2021
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New NatureWorks HQ and Advanced Biopolymers Research Centre
NatureWorks to Open New Headquarters and Advanced Biopolymers Research and Development Facility
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PepsiCo Invests in Closed Loop
PepsiCo Beverages North America Invests $35 Million to Help Close Gap In Recycling Access through investment in Closed Loop Local Recycling Fund
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Biden Slammed for Funding False Plastics Solutions
Biden administration slammed for funding “false” plastics solutions
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MycoWorks Raises $125 Million
MycoWorks Raises $125 Million Series C Financing to Fund Mass Production of Fine Mycelium™
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Relement Receives Grant for Bio Aromatic MPA
Pre-commercial demonstration of bio-aromatic MPA in a 100% sustainable alkyd coating
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Circulate Capital Invests in Prevented Ocean Plastic Southeast Asia
Circulate Capital Invests in “Prevented Ocean Plastic Southeast Asia” to Expand Recycling Infrastructure and Prevent Plastic Pollution in Indonesia
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DOE Funds Next Generation Plastics Technologies
U.S. Department of Energy Invests $13.4 Million to Combat Plastic Waste, Reduce Plastic Industry Emissions
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Trinseo Buys Heathland
A significant step forward in achieving the Company’s goals of advancing a circular economy
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PepsiCo Green Accelerator Grant Application for MENA Region (FREE)
PepsiCo Greenhouse Accelerator will support sustainable packaging innovators in the Middle East and North Africa. This is a FREE article
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The Best Corporate Responsibility Action of 2021 (FREE)
This corporate responsibility action was the best in 2021. Every chemical company should follow this exemplary decision. This is a FREE article.
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Tipa Raises $ 70 Million
Cleantech company Tipa raises $70 million for compostable flexible packaging
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ProAmpac Buys PSG
Strengthens Labeling Capabilities and Expands Presence in Food and Pet Food Markets
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Cargill Buys Croda Biobased Business
Cargill to acquire Croda’s bio-based industrial business, expanding natured-derived solutions for customers
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Total Corbion Becomes Total Energies Corbion
Total Corbion PLA transitions to TotalEnergies Corbion
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Afyren Announce Big Deals for Neoxy
AFYREN announces the signing of two strategic contracts for AFYREN NEOXY in the nutrition and health markets
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Oceanium Raises 1 Million $
Vote of confidence in the emerging seaweed industry: Oceanium funding reaches new heights in 2021
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Horizons Ventures Invests in Notpla
Notpla Secures £10M To Industrialize Sustainable Packaging Made Of Seaweed, Including Flexible Films, Coatings And Paper
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Lignin Industries Funded by EU Innovation Fund
The European Union co-funds Lignin Industries expansion to create a green industry to replace fossil-based plastics
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Chevron Phillips Goes Chemical Recycling
Six Pines Investments LLC purchases stake in top plastics recyclers to accelerate transformation to a circular economy for plastics
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Remade Institute Invests Millions in US Circular Economy
REMADE Announces $33 Million in New Technology Research to Accelerate the U.S.’s Transition to a Circular Economy
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Auburn University Funded for Bioplastics Research
Auburn projects receive $1.6 million in latest round of state research development funding
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Good Natured Results Q3 2021
good natured Products Inc. Announces Financial Results for the Three and Nine Months Ended September 30, 2021
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DOE Funds CO2 Reduction Projects for Manufacturing Sector
Department of Energy Awards over $16 Million for 23 Projects that will Reduce Carbon Emissions Across the Manufacturing Sector
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EcoSynthetix DuraBind Business Update
EcoSynthetix Announces Ongoing Commercial DuraBind™ Volumes with Top 15 Wood Composites Manufacturer and Leading Retailer
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Shell Invests in Chemical Recycling in Singapore
Investment In Shell Energy And Chemicals Park Singapore To Bring Circular Chemicals To Asia Pacific Customers
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BlackRock CEO on Climate Risks and Opportunities
How can investors address the issues of climate and nature while creating new opportunities for green growth?
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ALPLA New Asia Pacific Region
Reorganisation enables bundling of competences and resources
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