Tag Archives: biobased products

Presidential Memo Expands Purchases of Biobased Products and Creates Jobs

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This week President Obama issued a Presidential Memorandum that challenges the federal government to substantially increase purchases of biobased products over the next two years, driving new job growth and innovation. The United States Department of Agriculture (USDA) already designates 64 categories of biobased products for federal procurement and this memorandum asks Agriculture Secretary Tom Vilsack to increase the number of both designated categories of and individual biobased products eligible for preferred purchasing by 50 Read More >

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Senate Hearing Focuses on Biobased Product Potential for Rural Job Creation

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The Senate Agriculture Committee today held a hearing on “Growing Jobs in Rural America” (watch the webcast). Dr. Marc Verbruggen, President and CEO of NatureWorks LLC based in Wayzata, Minn., and Dr. Oliver P. Peoples, Founder and Chief Scientific Officer of Metabolix, Inc. based in Cambridge, Mass., both BIO members, testified about their companies’ plans for growth and job creation. Sen. Debbie Stabenow (D-Mich.), chair of the committee, “called the rural economy a bright spot Read More >

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Biotechnology “Oozes Through Your Life”

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Author Stephanie Clifford details U.S. dependency on oil in a recent Sunday New York Times article about the many ways that Oil Oozes Through Your Life, from food ingredients to plastic containers to cosmetics and all the energy that ships products from factory to consumer. The article notes that “there are only a few alternatives to petroleum-based chemicals,” but no examples other than natural gas are given. This oversight was mentioned by the USDA’s Sarah Read More >

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Are Manufacturers and Investors Looking for the Same Thing From Industrial Biotech?

The morning plenary session at BIO’s World Congress featured Jenny Cross from Mohawk Industries, makers of carpets, and Steven Mirshak of DuPont Tate & Lyle, suppliers of a biobased ingredient for Mohawk, discussing what consumers are looking for and how industrial biotech can meet their needs. Cross noted that their consumer research indicates that the typical consumer is looking for quality and durability, with price and “green” attributes coming second. One point that Cross emphasized Read More >

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BIO World Congress Begins with Newsmakers

BIO’s 2011 World Congress got off to a strong start in Toronto, with news announcements from G2 BioChem and others throughout the morning. The big news from BIO was the presentation of the George Washington Carver Award to Royal DSM CEO/Chairman Feike Sijbesma. Sijbesma discussed the evolution of DSM from a coal mining company to a chemical company and now to a global life sciences and materials company. For Sijbesma, this transformation mirrors the current Read More >

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