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New Energy Blue launches New Energy Chemicals to produce biobased ethylene for carbon-zero SAF, renewable plastics

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By New Energy Blue

March 18, 2024

ChemicalsBusinessCellulosic/Advanced

New Energy Blue on March 18 announced the formation of New Energy Chemicals. In phase one, the biochemical subsidiary will produce biobased ethylene for use in Dow’s renewable plastics. In phase two, the subsidiary will expand to SAF production.

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USDA on March 8 celebrated the second annual National Biobased Products Day, a celebration to raise public awareness of biobased products, their benefits and their contributions to the U.S. economy and rural communities.

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Lallemand Biofuels & Distilled Spirits on Jan. 23 announced a partnership with Braskem to jointly develop renewable chemicals. The two companies will first explore products for the solvents segment.

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Sens. Amy Klobuchar, D-Minn., and Jerry Moran, R-Kan., on Oct. 26 announced the introduction of a bill that aims to update the USDA’s Biorefinery, Renewable Chemical and Biobased Products Assistance loan guarantee program.

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The U.S. Department of Energy Bioenergy Technologies Office has announced $16.7 million in funding for five projects to advance the production of affordable biofuels and biochemicals that will significantly reduce greenhouse gas (GHG) emissions.

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Solugen and ADM on Oct. 30 announced a strategic partnership to scale a range of innovative, plant-based specialty chemicals and biobased building block molecules in a new manufacturing facility in Marshall, Minnesota.

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Sumitomo Chemical has begun construction of a pilot facility to establish a process for producing propylene directly from ethanol, which is attracting attention as a sustainable chemical raw material.

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Fortum and Taaleri Kiertotalous Ky recently signed an agreement with Chempolis Oy to invest in the company. The deal is part of a restructuring of Chempolis Oy's ownership and financing, in order to strengthen the balance sheet and operations.

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