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.
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.
PRODUCTS AND TECHNOLOGIES, MARKET OUTLOOK
Technip | November 28, 2022
Technip Energies N.V. announces that the liquidity agreement entered into with Kepler Cheuvreux dated July 9, 2021 has been suspended as of November 22, 2022, pending renewal of the resolution of the general meeting of shareholders authorizing share buybacks.
The number of shares and amount allocated as of November 22, 2022, close of trading, to the Liquidity Contract was 8,900 shares and €9,780,454.34. As a reminder, the securities and amounts that were allocated to the Liquidity Agreement as of June 30, 2022, were 207,823 shares and €6,832,747.61.
About Technip Energies
Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in LNG, hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The Company benefits from its robust project delivery model supported by an extensive technology, products and services offering.
Operating in 34 countries, our 15,000 people are fully committed to bringing our clients’ innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.
Technip Energies shares are listed on Euronext Paris. In addition, Technip Energies has a Level 1 sponsored American Depositary Receipts program, with its ADRs trading over-the-counter.
CHEMICAL MANAGEMENT, SCIENCE AND RESEARCH
Venator | January 06, 2023
Venator, a leading global chemical company, announced that it is working with Atos, a global digital transformation pioneer, to evaluate its products' carbon footprint. As Venator increases its emphasis on sustainability throughout its operations, this strategic project will enable the company to provide its customers with data on the carbon footprint of its products and advance its sustainability goals.
Atos will assist Venator in gathering key insights from its existing data that will allow enterprise-wide deployment of a digital product carbon footprint (PCF) tool that BASF initially developed.
Venator is working with Atos as a part of a larger corporate sustainability initiative. In the previous year, Venator has
Collaboration with its stakeholders to determine which environmental, social, and governance concerns are of utmost importance to them, thereby identifying the highest-priority areas that require the most attention for its business
Made combined efforts to measure its entire carbon footprint by including Scope 3 impacts in its evaluations
Published its second sustainability report, "Sustainability. It's our future." and adapted its reporting to GRI standards
Signed the United Nations Global Compact
Engaged KPMG to help in the expansion of its decarbonization program
The PCF calculation tool and methodology developed by BASF calculates cradle-to-gate PCF and are based on the Life Cycle Assessment methodology. The method of calculating the carbon footprint of products is based on ISO 14067:2018, which builds on the ideas and requirements of ISO standards 14044:2006 and 14040:2006.
Venator, headquartered in Wynyard, United Kingdom, with over 3,500 employees, is a global marketer and manufacturer of pigments and additives that impart color and vibrancy to buildings, preserve and prolong product life, and minimize energy usage. Its products are marketed globally to a diverse set of industrial clients through two business segments: titanium dioxide, which includes its TiO2 business, and performance additives, which includes its functional additives, color pigments, and timber treatment businesses. The company sells its products in over 110 countries.