Investment
Commentary: Evolve invests $600M in HOBO Renewable Diesel 120M gallons project
Evolve has announced an investment of $600 million USD for the construction of HOBO Renewable Diesel’s renewable fuels facility, which is expected to produce more than 120 million gallons of renewable fuels per year. Reference: https://www.biofuelsdigest.com/bdigest/2021/11/07/evolve-invests-600m-in-hobo-renewable-diesel-120m-gallons-project/
Impossible Foods Hopes For $7Bn Valuation
Impossible Foods has set a goal to raise $500 million in its latest funding round. According to Bloomberg, the company is expecting a valuation of $7 billion, though terms had not yet been finalised. Last year, the company had two…
56% of Food & Drink Companies to Invest in Plant-Based Products Next Year
According to survey results released recently by UK based Atura Proteins, an estimated 56% of food and drink brand owners and manufacturers are likely to invest in plant based products next year. Of those companies, 41% believe that vegan meats…
Novelis Invests $375 Million for Sustainable Aluminum
Novelis Inc., a global leader in aluminum recycling, is now investing $375 million in its plant in China. The goal is to provide auto makers in Asia with low-carbon, sustainable aluminum. The company, based in Atlanta, Georgia, said the new…
Standard Biocarbon Secures $2m Biochar Funding
Standard Biocarbon has secured $2 million (€1.7 million) in financing from three US-based institutions to purchase equipment for producing biochar. The company will produce high-quality biochar, the near-pure form of carbon made by processing biomass at high temperatures with little…
Commentary: 4D Biomaterials raises £1.6m in funding round
UK-based 4D Biomaterials completed a £1.6m funding round to focus on developing 3D printing medical implants alongside other medical device companies. Read the complete story here.