Category: M&A, Corporate and Financial News
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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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Danimer Scientific Third Quarter 2021 Results
Danimer Scientific Announces Third Quarter 2021 Results
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Mondelez Joins Circulate Capital Ocean Fund
Mondelēz International Invests In Circulate Capital’s Ocean Fund To Advance Global Efforts In Plastic Waste Collection And Recycling
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UMass Dartmouth to Build Bioplastic Lab
UMass Dartmouth awarded nearly $1.2M for new Biodegradable Plastics Lab
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