Shell spinoff Avantium raised another EUR 30 million, or about $43.9 million (USD) the company reported Thursday. Avantium produces “chemical building blocks” that industrial plastics, textile and fuel makers need to churn out green products that are as affordable and work as well as petroleum-based equivalents.
Avantium uses a catalytic process to convert carbohydrates into furanics, which are… → Read More
One of the largest chemical companies in Asia, Mitsubishi Chemical Corp. in Japan, has formed a partnership with San Diego, Calif.-based Genomatica, a sustainable chemicals startup, the companies revealed today.
Genomatica converts sugar from corn wet mills, sugar cane and sugar beet — among other sources — into butanediol (BDO), a chemical used to make everything from the plastics in… → Read More