In Tokyo, consumer goods company Kao Corporation has joined a $120-million palm oil alternative venture launched earlier this year by Unilever and biobased chemicals producer Genomatica. The collaboration aims to commercialize an alternative to palm kernel oil being scaled by Genomatica. PKO is a precursor to multiple products in the home and personal care markets, […]
In California, Genomatica alongside longtime collaborator Aquafil successfully completed the first demonstration scale production runs for plant-based nylon-6. The material is intended to reshape the $22B nylon industry, enabling brands to meet demand from consumers for sustainable everyday materials from apparel to automotive parts to carpets. Geno and Aquafil have produced the first several tons […]
In Germany, Covestro and Genomatica announced an important industry milestone to advance sustainability resulting from their partnership. The two companies have teamed to be the first to successfully produce significant volumes of a plant-based version of the chemical raw material HMDA (hexamethylene diamine). Teams from Genomatica and Covestro have been working together to develop a […]
In San Diego, Genomatica has announced a partnership with Japan’s Asahi Kasei, which aims to use Genomatica’s GENO HMD process to manufacture biobased hexamethylenediamine for production of nylon 6,6 for automotive and electronics industries. The pact comes shortly after Genomatica announced in January that, together with German chemical company Covestro, it had produced “significant” volumes […]
In Germany, material manufacturer Covestro and biotechnology pioneer Genomatica announced an important industry milestone to advance sustainability resulting from their partnership. The two companies have teamed to be the first to successfully produce significant volumes of a plant-based version of the chemical raw material HMDA (hexamethylene diamine). HMDA, with a worldwide market of 2 million […]
In a merry mix of Canadians and Californians, lululemon athletica inc. entered a multi-year collaboration with sustainable materials leader Genomatica to bring renewably-sourced, bio-based materials into lululemon’s products. This represents lululemon’s first-ever equity investment in a sustainable materials company and Genomatica’s largest partnership within the retail industry. In today’s Digest, how together the two companies […]
In California, Genomatica closed $118 million in Series C funding to accelerate the global commercialization and expansion of sustainable materials, with the potential to reduce greenhouse gas emissions by 100 million tons per year. Leading life science investor Novo Holdings led the round, with additional participation by existing and new investors including Viking Global Investors, […]
Last week the focus was on hot hemp and this week it’s cool cannabinoids. From California’s Creo becoming the first company to achieve demo scale production of rare cannabinoid CBGA in partnership with Genomatica, to Amyris’s expansion of consumer brands by launching a new range of Terasana products using cannabinoids, we dive into what is […]
In California, Genomatica celebrated winning the prestigious 2020 Green Chemistry Challenge Award — given by the U.S. Environmental Protection Agency (EPA) — for its Brontide natural butylene glycol. The win for Brontide marks the third EPA award held by Genomatica and makes them one of only four companies to win the award three times in […]
By Bruce Comer, Founder and Managing Director, Ocean Park Special to The Digest Slowdown in North American biofuels Mergers and Acquisitions as thin margins and policy uncertainty hung over industry. Biofuels Merger and Acquisition (M&A) activity in North America was subdued in 2019. Only four operating biodiesel, ethanol and advanced biofuels plants were sold during […]
