March 2, 2015 - Biofuel producers in Western Canada will soon be able to purify and convert raw glycerol more cost-effectively thanks to an investment of $538,542 from the federal government.
Jan. 26, 2015 – Dalhousie University researcher is looking to give farmers a boost by finding jobs and revenue in agricultural waste, the Chronicle Herald reports.
Jan. 16, 2015 – The industry must move to profitable commercialization, S2G BioChem president and CEO told Biofuels Digest. Investors must start making money to encourage more investment.
Jan. 16, 2015 - The Bio-Based & Sustainable Chemicals Summit will be held in New Orleans from Feb. 4-6 and will include networking opportunities and access to industry experts.
Dec. 19, 2014 - BioAmber has repaid the $25 million loan that it secured in June 2013 and secured a new debt facility with funds managed by Tennenbaum Capital Partners, LLC. The new $25 million term loan has a three-year maturity and an interest-only period that defers principal repayment until at least September 30, 2015. The Company has improved terms with Tennenbaum and the debt facility is expected to free up an additional $12 million of cash through to the end of 2015.
Like all industrial processes, the creation of pulp leaves a residue of waste. To the Canadian forest-products company Tembec, this waste has spawned a sideline business.
November 13, 2014, Sarnia, Ont. – Bioindustrial Innovation Canada is working with regional partners to discover opportunities for a commercial plant in Sarnia that would turn cornstalks and wheat stalks into sugars for use in the biochemical industry.
November 7, 2014, Montreal, Qué. – BioAmber has provided an update on the construction of its bio-succinic acid plant as part of its third quarter 2014 financial results.
October 7, 2014, Wageningen University - Commissioned by the Netherlands Enterprise Agency (RVO), Wageningen UR Food & Biobased Research has developed a method that can help companies and government authorities create bio-based chains, from source materials to end products.
October 2, 2014, Montreal, Que. - BioAmber Inc. announced it has signed an exclusive supply agreement for bio-based succinic acid with Xuchuan. Under the terms of the five-year contract, which runs from 2015 to the end of 2019, BioAmber Sarnia will ship to Xuchuan's Chinese facilities bio-based succinic acid it has produced in Sarnia, Ont.
Succinic acid is a valuable commodity. Used in the food and beverage industry as an acidity regulator, and as a component in alkyd resins, petrochemical-based succinic acid is produced at both a high financial and a high environmental cost.
Like many Northern Ontario communities, when Sault Ste. Marie’s 100-year-old paper mill went into receivership due to the changes in market demand for paper-based products, the city’s leadership was uncertain about the future landscape of biomass and the role it would play.
September 25, 2014, West Lafayette, Ind. - Researchers at Purdue University have discovered the structure of the enzyme that makes cellulose, a finding that could lead to easier ways of breaking down plant materials to make biofuels and other products and materials.
September 15, 2014, Mattawa, Ont. – The former Tembec sawmill in Mattawa, Ont. has been sold to the BioNorth Technology Group.
September 5, 2014, Mikkeli, Finland - MHG Systems is to collaborate with Pennine Biomass Ltd. to provide an integrated ERP (Enterprise Resource Planning) solution – MHG Biomass Manager – tailored to the British biomass industry.
August 28, 2014, Saskatoon, Sask. – Biotech company Prairie Plant Systems Inc. (PPS) announced it has purchased Traxys Power Group Inc. (TPG). The company will be renamed P.M. Power Group Inc. as part of the acquisition.
July 8, 2014, Minneapolis, Minn. - BioAmber Inc. announced it has signed a 210,000-ton per year take-or-pay contract for bio-based succinic acid with Vinmar International. Under the terms of the 15-year master off-take agreement, Vinmar has committed to purchase and BioAmber Sarnia has committed to sell 10,000 tons of succinic acid per year from the 30,000 ton per year capacity plant that is currently under construction in Sarnia, Ont.
June 28, 2014, Edmonton, Alta. – Radient Technologies has opened the doors to its commercial-scale facility in Edmonton, using patented microwave technology to extract high-value bioproducts.
June 23, 2014, Minneapolis, Minn. - BioAmber Inc., an industrial biotechnology company producing sustainable chemicals, announced that its Canadian subsidiary BioAmber Sarnia Inc., a joint venture with Mitsui & Co., has secured a CAD$20 million commercial loan from a financial consortium led by Export Development Canada and including Farm Credit Canada and Comerica Bank.
Once the cornerstone of Canada’s petrochemical industry, the border town of Sarnia, Ontario, has had to think smart to avoid the devastating impact of industries packing their bags and leaving town.
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