Nnfcc market review bio based products issue nineteen october 2013

835 views

Published on

A round up of news in the bio-based products sector.

Published in: Science
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
835
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
5
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Nnfcc market review bio based products issue nineteen october 2013

  1. 1. NNFCC Market Review, October 2013, Page 1 of 9 Bio-based Products Highlights Page 2 Policy Page 2 Markets Page 3 Platform Chemicals Page 4 Speciality Chemicals Page 6 Biopolymers Page 7 Research Page 8 Events Page 9 Price Information NNFCC Market Review Issue Nineteen, October 2013 ach month we review the latest news from across the global bio- based chemicals and materials sector exclusively for NNFCC members. Foreword Welcome to the October 2013 issue of our bio-based products market review. The personal care and cosmetics industry have seen a number of significant developments this month with Amyris having applied for RSB certification and Solazyme agreeing an off- take agreement with Unilever. Amyris’ application for RSB certification will cover its platform product, biofeneTM (renewable farnesene). Biofene can be used directly as a fuel, or as a chemical feedstock for development of a range of high-value products including fragrances and cosmetics. Earlier this year, Amyris selected a European distributor for squalaneTM – a biofene derived emollient used in body lotions and moisturisers - adding to its commercial activities in the US and Japanese cosmetic markets. RSB accreditation should further strengthen the company’s position in the personal care industry by demonstrating that its product is manufactured sustainably. Solazyme have also made headway this month in anchoring its position as a leading manufacturer of renewable chemicals for use in the personal care industry having agreed a commercial supply contract with Unilever for Solazyme Tailored™ Algal Oil. The oil was jointly developed by the two companies through 5 years of collaborative research and will be used by Unilever in a range of products. Unilever’s partnership with Solazyme is part of the consumer goods company’s ‘Sustainable Living Plan’. Initiated in 2010, the plan set three individual targets for Unilever to achieve by 2020: to improve health and well-being, to reduce environmental impact by sourcing 100% of its agricultural raw materials sustainably and to enhance the livelihoods of people across the value chain. Read on for the latest market news. E
  2. 2. NNFCC Market Review, October 2013, Page 2 of 9 Policy Bill introduced to establish tax credit for biochemicals in US US Congressman Bill Pascrell has introduced legislation to establish a production tax credit for qualified renewable chemical production. The bill, titled the “Qualifying Renewable Production Tax Credit of 2013," or H.R. 3084, is cosponsored by Representative Steve Stockman. A statement released by Pascrell stresses that a lack of federal support for renewable chemical production in the US means that many companies are being bought by foreign entities, which then export production jobs. According to the text of the legislation, the measure would create a production tax credit equal to 15 cents per pound of eligible content contained in renewable chemicals. To claim the tax credit, the renewable chemical would be required to be produced in the US and used or sold for the production of chemical products, polymers, plastics or formulated products. Click here for more information. Markets Global adipic acid market report published According to a new market report, “Synthetic and Bio-Based Adipic Acid Market – Global Industry Analysis, Size, Share, Growth and Forecast, 2012 – 2018”, the global synthetic adipic acid market was worth US$4.9 billion in 2010 and is expected to reach US$8 billion million in 2018, growing at a CAGR of 5.8% from 2013 to 2018. In the overall global market, Asia Pacific is expected to maintain its lead position in terms of revenue till 2018, followed by Europe. The adipic acid market is driven by growing demand for nylon 6, 6 resin and fibers in automotive and electronics industries and the growth of the global footwear market. Due to rising price of crude oil and the impact of adipic acid on the environment, the world is shifting towards the use of bio-based adipic acid. Apart from providing a clean solution, bio-based adipic acid is also economically viable against its synthetic counterpart. The bio-based adipic acid market is still in its nascent phase and is likely to commercialize by 2013 – 2014, according to the report. However, it is expected that demand for bio- based adipic acid will be significant due to growing demand for eco-friendly materials and its acceptance by the consumers. Some companies like DSM, Verdezyne and Rennovia have already started their pilot operations with extensive R&D activities to support their pursuit. Click here for more information. Plug & Play initiative for bio-based industry Concept design of the ‘Plug & Play’ facility, Source: Port of Rotterdam The Port of Rotterdam Authority has entered into a unique co-operation with E.ON, Evides Industriewater, Stedin and Vopak. On Friday 30 August these parties signed an agreement with the aim of creating an 80-hectare ‘Plug & Play area’ on Maasvlakte 2. This means they will cooperate to offer mains services to
  3. 3. NNFCC Market Review, October 2013, Page 3 of 9 businesses that wish to set up in the Bio-based Cluster planned at the port. An area of more than 80 hectares on Maasvlakte 2 has been reserved for innovative chemical industry based on renewable raw materials. The Port Authority and its four partners will do their best in the coming years to provide combined services for this area. Thanks to this joint initiative, businesses which establish themselves here no longer have to make their own investments in the supply of power, for instance, or power networks, tank storage and waste, process and drinking water. Click here for more information. Platform Chemicals Amyris applies for RSB Certification Source: RSB The RSB Services Foundation, the implementing entity of the Roundtable on Sustainable Biomaterials (RSB) - a global sustainability standard and certification system for biofuels and biomaterials production - has announced that Amyris, Inc. has applied for RSB certification. RSB’s planned sustainability certification will cover Amyris’s renewable farnesene produced from Brazilian sugarcane feedstock at Amyris’s plant in Brotas, São Paulo state. Farnesene is a liquid, long-chain, branched renewable hydrocarbon that can be used as an alternative to fossil fuel-derived compounds in sulfur-free diesel, renewable jet fuel, emollients, fragrance oils, and automotive lubricants. Zanna McFerson, Chief Business Officer of Amyris said: “Amyris is committed to delivering renewable products to enable a sustainable future, from our renewable diesel and jet fuel to our cosmetic emollient squalane.” “We look forward to seeking RSB’s certification for our first industrial plant producing farnesene in Brazil and to demonstrating to our various stakeholders that Amyris can meet the most rigorous sustainability standards.” Click here for more information. Midori Renewables launch new catalyst technology for producing sugars from cellulosic waste Midori’s process concept: Midori Flagship VentureLabs announced this month that Midori Renewables is globally deploying their Breaking the Biomass Barrier™ technology - a novel catalyst that melts non- food biomass into low cost sugar, enabling the production of many valuable renewable products and animal feed. Midori's catalyst is a solid material (not an enzyme, micro-organism, or aqueous acid), that can be easily separated from the reaction and reused, resulting in a significantly lower cost solution than existing technologies. Midori's technology has been shown to be effective on a variety of biomass feedstocks and can bolt-on to existing corn, sugarcane
  4. 4. NNFCC Market Review, October 2013, Page 4 of 9 or palm oil processing facilities, converting low value cellulosic waste into high value, usable sugars. The company will begin constructing a commercial demonstration facility in 2014 and is currently in partnering discussions with several engineering, procurement and construction firms to build the plant. Click here for more information. Government of Canada Invests in Clean Technology for Jobs and Growth in Sarnia Site for BioAmber’s bio-based succinic acid plant Source: BioAmber BioAmber's new bio-based succinic acid plant will receive a $12 million investment from the Harper Government to support its construction in Sarnia, Canada. The plant is expected to create 150 construction jobs and 60 permanent jobs once the plant is operational in 2014. A repayable contribution of up to $12 million through FedDev Ontario's Prosperity Initiative is being provided for the construction and operation of BioAmber's $110-million bio- succinic acid plant. Jean-François Huc, CEO of BioAmber, said: "This initial 30,000-tonne capacity plant is an important step in changing the way the world makes products that historically have only been made through the traditional petro chemical route." Click here for more information. Speciality Chemicals Solazyme and Unilever sign commercial supply agreement for tailored algal oil Solazyme and Bunge’s renewable oil facilty in Moema, Source: Green Chemicals Blog Solazyme, Inc. a renewable oil and bioproducts company, and Unilever, one of the world's leading consumer goods companies, have announced that they have executed a commercial supply agreement for the first partnered Solazyme Tailored™ Algal Oil. The companies have been collaborating for five years on multiple projects with increasing levels of success culminating in this initial supply agreement. The agreement covers the first of Solazyme and Unilever's jointly developed tailored oils with an initial supply of at least 10,000 metric tons (MT). The oil will be produced at the Solazyme Bunge Renewable Oils facility, a joint venture of Solazyme and Bunge located at Bunge's Moema sugar mill in Brazil. Supply delivery is planned to begin in early 2014 and Unilever expects to purchase the full volume within twelve to eighteen months. Click here for more information. Synthace completes £1.3 Million financing led by Green Seed Fund Synthace, an applied synthetic biology company developing high value chemical and biological products, has announced that it has closed a funding round raising £1.3 Million. Sofinnova Partners’ Green Seed Fund
  5. 5. NNFCC Market Review, October 2013, Page 5 of 9 led the financing, joined by a syndicate of angel investors. Tim Fell, CEO of Synthace, commented: “We are delighted to have attracted Sofinnova Partners’ Green Seed Fund and see this funding as a very strong validation of our company, technology and commercial focus.” “It will allow us to demonstrate production of our first chemical products at scale, prior to forming partnerships within the chemicals industry to take them to market.” Click here for more information. Elevance announces commercial availability of bio-based Inherent™ C18 Diacid Elevance’s biorefinery process, Source: Elevance Elevance Renewable Sciences, Inc., a high- growth specialty chemicals company, has announced the commercial availability of Inherent™ C18 Diacid — a mid-chain length, bio-based diacid — that enables producers of polyamides and polyurethanes, lubricants and adhesives to significantly expand their portfolios with cost-competitive products. Elevance’s unique, efficient process to produce C18 diacid, also known as octadecanedioic acid, uses materials produced from its world-scale biorefinery in Gresik, Indonesia — the first based on Elevance’s proprietary metathesis technology. As a diacid, or if converted to diamine, a C18 diacid enables the creation of more than a dozen new base polymers that can result in more than a hundred new compounds or formulations. Click here for more information. BASF acquires enzyme biotechnology company Verenium Verenium’s enzyme production platform, Source: Verenium BASF Corporation has entered into an agreement to commence a cash tender offer for all of the outstanding shares of common stock of the biotechnology company Verenium Corporation. Verenium is based in San Diego, California, and generated sales of $57 million in 2012. The offer corresponds to a premium of 56 percent above the volume-weighted average share price for Verenium’s shares in the six months prior to announcement of the transaction. The tender offer is subject to customary closing conditions, including the acquisition of a majority of Verenium’s shares outstanding as of the closing of the tender offer. The acquisition is expected to close in the fourth quarter of 2013. BASF will finance the transaction out of operating cash. Click here for more information.
  6. 6. NNFCC Market Review, October 2013, Page 6 of 9 Biopolymers New Ingeo biopolymer grades developed Ingeo production process, Source: NatureWorks NatureWorks has announced the commercial availability of two new Ingeo™ high performance biopolymer grades designed for fibres and nonwovens applications. The two newly-developed grades deliver lower shrinkage, faster crystallization, and higher melting points across the broad range of manufacturing processes used to produce fibres and nonwoven fabrics. The new grades broaden the application window for Ingeo use in the production of personal care and hygiene products, filtration media, medical fabrics, civil engineering fabrics (erosion control, reservoir lining protection, etc.), and geotextile and agricultural fabrics. Click here for more information. Jacobs Awarded Contract from NatureWorks Jacobs Engineering Group Inc has announced it has been selected to provide engineering services for NatureWorks’ new Ingeo™ production plant in Southeast Asia. Under the terms of the contract, Jacobs is providing front-end engineering design work, including major equipment design. Earlier this year, NatureWorks expanded its flagship Blair, Nebraska facility to increase Ingeo capacity to 150,000 metric tons annually. Thailand is currently NatureWorks’ preferred plant location for its second facility. Click here for more information. BRECO timing belts utilise Lubrizol’s Pearlthane® ECO TPU Lubrizol Advanced Materials, Inc. has announced that BRECO Antriebstechnik Breher GmbH & Co. KG has developed a new range of timing belts made from a thermoplastic polyurethane (TPU) within the Bio TPU by Merquinsa® product line. BRECO recently expanded their line of timing belts by launching BRECOgreen® and BRECOFLEXgreen®, manufactured using Pearlthane® ECO D12T90 (38% bio-based content according to ASTM-D6866). BRECOgreen and BRECOFLEXgreen offer an alternative to timing belts based on raw materials from petroleum-based resources Developed by Merquinsa five years ago, Pearlthane® ECO TPU was chosen because of its bio-based content and performance. Pearlthane ECO D12T90 ensures an excellent processability, very good hydrolysis and abrasion resistance, and has lower density and an improved value of low temperature flexibility in comparison to other polymer options for the same end-use applications. Lubrizol will be highlighting other unique engineered polymer technologies, including Merquinsa legacy technologies, for application in the industrial, automotive, sports and recreation and electronics industries at K 2013 in Düsseldorf, Germany from October 16 to 23. Click here for more information.
  7. 7. NNFCC Market Review, October 2013, Page 7 of 9 DSM and KACO develop EcoPaXX polyamide 410 crankshaft cover EcoPaXX polyamide 410 crankshaft cover, Source: DSM Royal DSM, the global Life Sciences and Material Sciences Company, and its automotive component specialist partner KACO, have taken an important step in improving fuel efficiency in cars by developing a lightweight multi-functional crankshaft cover in EcoPaXX®, DSM’s bio- based polyamide 410, for the latest generation of diesel engines developed by the Volkswagen Group. DSM’s EcoPaXX polyamide 410 is 70% derived from renewable resources, and the polymer is certified 100% carbon neutral from cradle to gate. The development represents a significant step forward in terms of sustainability, from material production to the vehicle on the road. Click here for more information. Cereplast advances algae bioplastics development process Cereplast, a leading manufacturer of proprietary biobased, compostable and sustainable bioplastics, is preparating to bring to market a more sustainable and cost efficient process for the development of algae bioplastic resins. By using an algae biomass selection process in which food-based materials are not fed to the algae for growth, the food chain is not impacted. The material is also expected to lower costs in algae bioplastics development by deploying post-industrial processes, enabling the re-use of materials. Algaeplast has four demonstration grades of polypropylene with an algae biomass content from 15% to 51%. A newly commercialized grade includes algae in a thermoplastic elastomer (TPE). These grades show the ability for Algaeplast to formulate with algae biomass in TPE, polypropylene (PP), Polyethylene (PE), Ethylene Acrylate (EA), and other polymers. Algaeplast has several development programs in process for customer specific applications. The materials Algaeplast is working on are expected to become available in the second half of 2016. Click here for more information. Research Tool developed for early-stage analysis of industrial biotechnologies By using cost correlations and standard scale- factors, a spreadsheet-based early-stage cost estimation tool was developed by scientists at Iowa State University. Named BioPET (Biorenewables Process Evaluation Tool), the tool allows users to specify up to seven primary unit operations – fermentation, separation, three catalytic stages, and purification – along with key parameters for each. BioPET then computes an estimated minimum selling price for the pathway. Model validation was conducted by selecting three molecules (ethanol, succinic acid, and adipic acid), and comparing BioPET’s results to literature values and to results from a commercial process design tool. BioPET produced virtually identical prices to the process design tool, although the costs
  8. 8. NNFCC Market Review, October 2013, Page 8 of 9 were not identically distributed amongst the categories. BioPET produced estimates that were within 40% of other literature values at low feedstock costs, and within 5% at high feedstock costs. Click here for more information. Events EnAlgae open day and reception, 15 Oct 2013 in Swansea, UK Join EnAlgae to learn more about progress within the EnAlgae project and the latest algal biotechnology developments in Wales. This is a FREE event which anyone is welcome to attend. Book your place by clicking here. Gasification 2013, 6 - 7 Nov 2013 in London, UK www.wplgroup.com/aci/conferences/eu- ecg3.asp ACI’s 3rd Annual Gasification Summit will comprise two days of formal presentations, interactive roundtable discussions and excellent networking opportunities, providing an ideal setting to convene with your peers to discuss both current operational & future planned gasification plants, end product markets, potential barriers & support policies as well as project economics & finance. NNFCC members get 15% discount on the registration fee, please email enquiries@nnfcc.co.uk for the discount code. Plant Based Summit, 19 – 21 Nov 2013 in Paris, France www.plantbasedsummit.com At Plant Based Summit 2013, each stakeholder in the biobased economy will be able to share, find the best solutions to fit its own specific place and development stage, enabling it to make the decisive leap forward, thus contributing to empower the biobased economy. Dr John Williams, Head of Materials at NNFCC, will be speaking at the conference about using wastes as a feedstock for bioplastics. NNFCC are partners in Bio Base NWE, an INTERREG IVB project designed to accelerate the growth of the bio-based economy in North West Europe For more information on the project click here and to learn about funding opportunities click here.
  9. 9. NNFCC Market Review, October 2013, Page 9 of 9 Price Information Item Price, US$ (Sep 08) Price, US$ (Sep 13) % Price Change Crude oil (petroleum, barrel) 99.29 ↑ 108.06 8.83 Maize (corn, metric ton) 233.91 ↓ 234.89 0.42 Sugar (pound) 0.1402 ↑ 0.1670 19.12 Rapeseed oil (metric ton) 1352.99 ↓ 991.21 -26.74 Soybean oil (metric ton) 1042.09 ↓ 944.27 -9.39 Ethanol (gallon) 2.68 ↓ 2.45 -8.86 For details on indexes please see www.indexmundi.com/commodities Crude Oil (petroleum), simple average of three spot prices; Dated Brent, West Texas Intermediate, and the Dubai Fateh. Historic ethanol prices available at www.neo.ne.gov/statshtml/66.html Arrows indicate rise (↑), constant (–) or fall (↓) from previous month. For details on the nature of these commodities please see www.indexmundi.com/commodities Credits and Disclaimer NNFCC Market Review is edited by Dr Michael Goldsworthy for NNFCC members. Feedback is welcome. The Review has been compiled in good faith and NNFCC does not accept responsibility for any inaccuracies or the products or services shown. NNFCC The Bioeconomy Consultants NNFCC, Biocentre, Phone: +44 (0)1904 435182 York Science Park, Fax: +44 (0)1904 435345 Innovation Way, E: enquiries@nnfcc.co.uk Heslington, York, Web: www.nnfcc.co.uk YO10 5DG. 0 50 100 150 200 250 300 Priceindex(relativeterms) Comparison of Price Indexes (2005 = 100) Agricultural Raw Materials Food Crude Oil (Petroleum)

×