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May 23 2013
Bulls may prevail in renewable chemicals in 2013
Global economic turmoil has caused the investment environment in the past few years to be characterised by uncertainty, risk-aversion and reluctance, irrespective of the sector. This made it hard for players in the young renewable chemicals industry to attract funding; even harder than it would anyway be at any other time. These bearish conditions have persisted for two to three years now, exposing the industry to additional risk. The result is a situation where players face the threat of getting stuck in a vicious circle: investors shy away from business with pre-production, pre-revenue players, while companies need funds to build/commence operations to finally generate revenue and income.
Read Article >>Brazil - Braskem to launch LDPE line by 2014
Braskem SA is expanding its portfolio of renewable products with the launch of a new line to produce renewable low-density polyethylene (LDPE) from sugarcane ethanol.
Read Article >>United States - Law firm files class action against Amyris over Biofene production claims
According to a release, the law firm Wohl & Fruchter LLP has filed a securities class action against Amyris and its President and CEO John Melo.
Read Article >>International - BASF broadens presence in enzyme business
Chemical major BASF completed the acquisition of Henkel's detergents enzyme technology, comprising production hosts, various detergent enzymes as well as the corresponding intellectual property.
Read Article >>
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