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Investment

Nine projects funded by Novo Nordisk focus on health, sustainability, and AI for a greener future

The 2025 Novo Nordisk Foundation Challenge Programme awards DKK 479 million to nine innovative projects. These projects promote health, sustainability, and support the green transition through global researcher collaboration. Participants come from Denmark, Sweden, the Netherlands, Belgium, Germany, Australia, and…

June 27, 2025
Business

TotalEnergies secures sustainable feedstock through Quatra partnership

TotalEnergies has signed a 15-year supply agreement with Quatra, a European used cooking oil recycler. Quatra will supply 60,000 tons of used cooking oil annually to TotalEnergies’ biorefineries as feedstock.   The deal ensures a consistent feedstock source for biodiesel and…

June 27, 2025
Regulation

MEPs advocate for stronger EU biotech and biomanufacturing sectors

The European Parliament’s Industry, Research and Energy Committee has adopted a non-binding report emphasizing the importance of biotechnology and biomanufacturing for Europe's future competitiveness and sustainability. The report advocates for a robust policy framework to foster innovation, attract investment, and…

June 26, 2025
Business

Eni awards Saipem contract for Venice biorefinery expansion

Eni SPA has appointed Saipem SPA as the main contractor for its Venice biorefinery expansion. The project aims to increase processing flexibility and boost renewable fuel production. The existing biorefinery is located in Porto Marghera, Italy.   The €155-million contract covers…

June 25, 2025
Business

Avantium signs agreement with Hordijk for biobased PEF packaging solutions

Avantium N.V., a leader in renewable polymer materials, has signed a capacity reservation agreement with Dutch packaging company Royal Hordijk. The deal guarantees Hordijk access to Avantium’s biobased polymer PEF (polyethylene furanoate).   Hordijk plans to use PEF in trays and…

June 25, 2025
Investment

Cellugy secures €8.1M to replace microplastics in personal care products with new biomaterial

Cellugy, a Danish biotech startup, has received €8.1 million ($9.25 million) in funding. The money comes from the EU’s LIFE Programme. It will support scaling up production of EcoFLEXY, a biofabricated cellulose-based rheology modifier. EcoFLEXY is designed to replace fossil-based…

June 24, 2025
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