CHEMICAL TECHNOLOGY, CHEMICAL MANAGEMENT
Carbios | January 17, 2023
Carbios, a leading green chemistry firm, and Novozymes, a global leader in biological solutions, have recently announced an exclusive long-term global strategic partnership. This agreement ensures the long-term production and supply of Carbios' patented PET-degrading enzymes on a commercial scale for the first biological PET-recycling plant in the world, which is scheduled to begin production in 2025 in Longlaville, France, as well as Carbios' future licensee customers.
Since 2019, Carbios and Novozymes have partnered to produce enzyme-based solutions and address the sustainability challenge of plastic pollution on the environment, both in PET-recycling and PLA-biodegradation. Building on the present joint development agreement (JDA), under the new contract, the deal will see Carbios and Novozymes extend their collaborative efforts to develop, optimize, and produce enzymes that Novozymes will subsequently deliver to all licensees of Carbios' technology. In addition, the new agreement gives both parties exclusive rights in the partnership's field.
The strategic partnership assists the large-scale industrial deployment of Carbios' patented PET-recycling technology, beginning with its upcoming industrial reference unit in Longlaville, France, which will be the world's first biological PET-recycling plant. While the Building and operating permits have been filed with the local authorities, and construction will commence later this year. The plant's production is scheduled to begin in 2025, with a processing capacity of 50,000 tonnes of waste per year.
About Carbios
Established in 2011, Carbios SA is a green chemistry firm focused on discovering and developing enzymatic bioprocesses applied to plastic and textile polymers. The company develops a new generation of entirely biodegradable plastics with a controllable lifespan, as well as a technique that allows for endless biorecycling of plastic waste (PET) and a new biological pathway for the manufacturing of competitive bio-sourced polymers. By using its unique approach of merging enzymes and polymers, it wants to address changing consumer expectations and the problems of a broad ecological shift by tackling a significant challenge of our time: plastic and textile pollution.
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CHEMICAL MANAGEMENT, PRODUCTS AND TECHNOLOGIES
Origin Materials | January 30, 2023
Origin Materials, Inc., the leading global carbon-negative materials firm with a mission to accelerate the global transition to sustainable materials, announced the mechanical completion of Origin 1, the firm's first commercial manufacturing plant, following the previously disclosed schedule.
Critical mechanical systems were successfully installed, and commissioning has commenced as part of mechanical completion. Work will continue on-site, including electrical work, the addition of new equipment, and the refinement of technology.
Following this significant accomplishment, work will continue at the facility, with plant commissioning to support the startup scheduled to be completed by the end of the first quarter of 2023 and the startup commencing soon after. Origin 1 is anticipated to address the increasing customer demand for the company's renewable materials and enable clients to qualify products and applications beyond PET. On its next earnings call, the company aims to release forecasts for sales, EBITDA, and other financial measures for 2023.
About Origin Materials
Origin Materials, headquartered in West Sacramento, is one of the world's foremost carbon-negative materials firms. The mission of Origin is to facilitate the global transition to sustainable resources. The firm has spent more than a decade developing a platform for converting the carbon present in affordable, abundant, non-food biomass such as sustainable wood wastes into valuable commodities while simultaneously absorbing carbon. Its unique technology platform has the potential to change the manufacture of a vast array of end goods, including clothes, textiles, plastics, packaging, auto components, carpets, and toys, with an addressable market of about $1 trillion. Additionally, the company's technological platform is anticipated to deliver consistent pricing substantially decoupled from the petroleum supply chain, which is more volatile than supply networks based on sustainable wood wastes. The patent-protected drop-in core technology, economics, and carbon effect of Origin are backed by an expanding number of worldwide investors and customers.
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CHEMICAL TECHNOLOGY, CHEMICAL MANAGEMENT
Quaker Houghton | January 31, 2023
On January 30, 2023, Quaker Houghton announced that it has signed a contract with Constellation to acquire Renewable Energy Certificates (RECs) to meet roughly half of its entire U.S. based electricity requirements.
Constellation's RECs are Green-e® Energy Certified and sourced from wind and solar energy facilities in the contiguous United States. Throughout the contract's life, 100% of the electricity purchased by specific Quaker Houghton U.S. sites will be acquired from a renewable source or matched with RECs, which are subsequently retired. Each Renewable Energy Certificate that has been retired represents the environmental benefits of one megawatt-hour (MWh) of electricity produced by a renewable generator.
Through the acquisition of Renewable Energy Certificates (RECs), Quaker Houghton supports the operation and development of facilities that generate clean, renewable energy in regions where on-site production is not viable.
Quaker Houghton's Chief Executive Officer and President, Andy Tometich, commented, "Sustainability is core to our business and is a critical, driving force in our long-term plan. We are pleased to accelerate the achievement of our greenhouse gas emissions targets through the use of renewable energy certificates and remain committed to delivering on our ambitious 2030 sustainability goals."
(Source – PR Newswire)
Constellation's Senior Vice President, Retail, Daniel J. Verbanac, stated, "Constellation is pleased to support the sustainability goals of our customers." He added, "As America's leading clean energy producer, Constellation lauds Quaker Houghton's choice of renewable energy which helps reduce pollution and demonstrates a commitment to the environment."
(Source – PR Newswire)
About Quaker Houghton
Headquartered in Conshohocken, Pennsylvania, Quaker Houghton is a global leader in industrial process fluids. Its high-performance, innovative, and sustainable solutions are supported by best-in-class technology, deep process expertise, and personalized services. The company has over 4,000 personnel and operates in more than 25 countries. Its clients include the world's renowned advanced steel, aluminum, offshore, automotive, aerospace, mining, can, and metalworking firms. Its chemists, engineers, and industry experts work with businesses to continuously enhance their operations so that they can function even more efficiently and successfully in the future.
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