New PLA facility in Thailand
NatureWorks has passed the final authorization milestone by parent companies Cargill and GC International Corporation, a subsidiary of PTT Group, for a new Ingeo PLA manufacturing facility in Thailand.
Since 2014, Bio-based Industries Joint Undertaking (BBI JU) has funded 11 flagship biorefineries in Europe, leveraging €1.3 billion in private investments to support the design and construction of the biorefineries, creating 3,500 new direct jobs and 10,000 indirect ones. Projects that have received funding include FARMŸNG, Exilva Cellulose Fibrils, First2Run, AgriChemWhey, PEFerence, AFTER-BIOCHEM, SWEETWOODS, Plenitude, Resolute, abacus, and Lignoflag.
Avantium, a leading technology company in renewable chemistry, has completed the application validation for its plant-based glycols plantMEG™ and plantMPG™ produced in the Ray Technology™ demonstration plant in Chemie Park Delfzijl. Key applications include polymerisation to PEF and PET polyesters and functional fluids used for de-icing and heat transfer. Consequently, proving the functional performance of the plant-based glycols is an important step in the scale-up of the Ray Technology™. Both plantMEG and plantMPG are expected to significantly reduce greenhouse gas emissions compared to their fossil-based equivalents.
Plastic Energy and ExxonMobil have been developing plans since 2018. A final investment decision is expected in mid-2021 with startup anticipated in 2023. The plan demonstrates how industry, government and consumers can work together to build a more circular system to capture value from post-use plastic.