We have officially completed Day 2 of the 2014 BIO world Congress Industrial Biotechnology! With that our member companies have shared with us some newsworthy announcements and exciting achievements!
Additionally, BIO welcomed 9 new members to its Industrial and Environmental Section. The new members include
- Arzeda Corporation, Seattle, WA
- Biosynthetic Technologies, Irvine, CA
- Evolva, Mill Valley, CA
- Green Biologics, Gahanna, OH
- Manus Biosynthesis, Cambridge, MA
- Reluceo Holdings LLC, Plymouth, MN
- Sage Bioproducts, Denver, CO
- Succinity Gmbh, Dusseldorf, Germany
- Yulex Corporation, Phoenix, AZ
In Kansas, INVISTA and LanzaTech signed a research and development agreement focused on the development of gas-fermentation process technology for the production of industrial chemicals from carbon dioxide and hydrogen gas (CO2 and H2) feedstocks.
According to the agreement, INVISTA and LanzaTech will collaborate on projects to develop gas-fermentation technologies to convert CO2/H2 feedstocks into a range of industrial chemicals using proprietary INVISTA host organisms and metabolic pathways. If successful, the first commercialization of this technology is expected as early as 2018.
“This new agreement builds on INVISTA’s existing collaborations with LanzaTech,” said Warren Primeaux, president of INVISTA Intermediates. “It will provide INVISTA increased access to LanzaTech’s world-class gas-fermentation process technology and help accelerate the commercialization of a number of exciting bio-derived processes currently under development at INVISTA’s bioscience laboratory in Wilton, United Kingdom.”
This year’s Carver Award presented at the BIO World Congress was DuPont CEO Ellen Kullman. In her remarks, she called on the Administration to preserve the RFS:
In a keynote speech at the 11th Annual World Congress on Industrial Biotechnology today, DuPont Chair and CEO Ellen Kullman called on Congress and the administration to ensure regulatory stability for the renewable fuel industry by preserving the Renewable Fuel Standard (RFS), regulations ensuring renewable fuel makers market access in the United States.
Since 2007, the RFS has encouraged hundreds of millions of dollars of private investment from companies like DuPont to create a sustainable bio-based economy. Later this year, the EPA will submit a final ruling on the volume of renewable fuel blended into the nation’s gasoline supply.
“Legislative and regulatory uncertainty has a direct impact on the growth of this industry,” Kullman said. “If the EPA issues an RFS rule with increasing biofuels volumes, supporting a stable regulatory environment, our industry can thrive.”
Making its international debut at the BIO World Congress on Industrial Biotechnology is Barentzymes, a new green biotech company developing a game-changing range of enzymes for industrial use. Based in the “Marine Bioprospecting” hub around Tromso in the far north of Norway, the company will initially concentrate on using its proprietary screening technology to mine the rich genetic variation of cold-water marine species.
With increasing pressure on resources, creating a sustainable Bioeconomy is the only viable solution,” says CEO and founder Jan Buch Andersen. “One key challenge is the full utilization of all biological material produced in the world, instead of producing waste. We believe that rather than being a problem, this presents major opportunities for conversion into new bio-products using exciting new marine-bioprospecting derived enzymes – from animal feed to medicines.”
Andersen expects the Barentzymes’ screening platform to deliver results at unprecedented speed thus introducing a long awaited wider choice of enzymes for their applications. “We have a great team, some with up to 35 years experience from leading Danish industrial biotechnology companies. Furthermore, being small is also an advantage in this fast moving field, as we have developed a unique high throughput screening platform for “mining” these exciting new enzymes, allowing us to accelerate and increase capacity substantially from a low-cost base.”
Green Plains Renewable Energy, Inc. Changes Name to Green Plains Inc.
Green Plains Renewable Energy, Inc. announced today that it has changed its name to Green Plains Inc. to reflect the continued diversification of the Company’s operations. The name change was approved by the Company’s shareholders at its annual meeting on May 14, 2014.
“Over the last six years, we have built a diversified platform that provides a variety of products and services beyond renewable fuel,” said Todd Becker, Green Plains President and CEO. “Green Plains Inc. more accurately reflects who we are today and our broader focus for future growth.”
Green Plains’ common stock will continue to trade under the ticker symbol “GPRE” and there will be no change to any of the Company’s subsidiary names. The change to Green Plains Inc. is effective immediately.
DuPont Tate & Lyle Bio Products Launches Virtual Cosmetics Science Center
DuPont Tate & Lyle Bio Products Company, LLC has launched a virtual Cosmetics Science Center offering free, video-on-demand, cosmetic science training modules.
The new cosmetic science training website is designed for new formulators, experienced formulators desiring a refresher, and marketing or sales professionals working in the industry who would like some basic technical training in the area of cosmetics science.