Molecular biology enzymes and kits & reagents market worth $12.69 bn by 2021

Molecular biology enzymes and kits & reagents market worth $12.69 bn by 2021

FOCUS Cristal Union, L'Oreal and the French government, Global Bioenergies will produce bioisobutene from residual sugar and agricultural/forestry was...

34KB Sizes 24 Downloads 81 Views

FOCUS Cristal Union, L'Oreal and the French government, Global Bioenergies will produce bioisobutene from residual sugar and agricultural/forestry waste. BASF and Avantium will build a 50,000 tonne/y plant in Antwerp, Belgium to convert sugars into furandicarboxylic acid (FDCA), a key intermediate of polyethylenefuranoate (PEF) used in film packaging and plastic bottles.

Original Source: ICIS Chemical Business, 26 Sep-2 Oct 2016, 290 (10), 57-58 (Website: http://www.icis.com) © Reed Business Information Limited 2016.

Molecular biology enzymes and kits & reagents market worth $12.69 bn by 2021 According to a report published by MarketsandMarkets, the global market for molecular biology enzyme kits & reagents is expected to reach $12.69 bn by 2021 from $5.77 bn in 2016, growing at a CAGR of 17.1%.

Original Source: MarketsandMarkets, 2016. Found on PR Newswire, 8 Sep 2016, (Website: http://www.prnewswire.com).

COMPANY NEWS Biosourced aromatics: Tesoro acquires Virent in the US US company Virent has been acquired by the independent refining company Tesoro. Virent will become a 100% Tesoro subsidiary and will remain based in Madison, WI. Tesoro is based in the US and has 7 refineries. In 2016 the partners decided to work together on drawing up a development plan that would improve Virent's technology and bring it to market. This collaboration led to the recent strategic acquisition. Virent's BioForming technology is designed to produce biosourced aromatic compounds (in particular paraxylene, a terephthalic acid precursor, in order to create 100% biosourced polyethylene terephthalate for packaging). Virent has had a partnership with Coca-Cola in this field since 2011. The company's technology could be extended to biofuels production. In Aug 2014 Virent reported that its BioForm Gasoline (a high octane fuel) had been registered with the US Environmental Protection Agency. BioForming technology is not a biotechnology process but combines an aqueous reforming phase with a catalytic conversion stage to convert conventional and cellulosic sugars into fuel, jet fuel, diesel and chemical products. It was discovered in 2001 at the University of Wisconsin by Virent's cofounder Randy Cortright.

November 2016

ON

C ATA LY S T S

Original Source: Chimie Pharma Hebdo, 12 Sep 2016, (722), (Website: http://www.industrie. com/chimie/) © ETAI Information 2016

Anellotech advancing bio-aromatics Anellotech, a start-up headquartered in Pearl River, NY, US, is developing a method to convert lignocellulosic biomass into benzene, toluene and xylene (BTX). The technology pulverizes biomass and feeds it into a fluidized bed reactor. Through pyrolysis, the organic material is turned into a gas comprising oxygenated hydrocarbons. Then, a ZSM-5 zeolite catalyst transforms the gases into a stream of BTX. The reactor accepts palm trunks, sugarcane bagasse, corn stover and pine as feedstocks, among others. Globally, bio-based BTX is witnessing healthy demand. For instance, Coca-Cola is looking for renewable purified terephthalic acid (PTA). The xylene derivative constitutes around 70% of polyethylene terephthalate (PET) bottles' mass. The company's PlantBottle is already using ethylene glycol made from bio-based ethanol. Coca-Cola is collaborating with start-up firms Avantium, Gevo and Virent to develop substitutes for petroleum-based PTA. Meanwhile, Anellotech recently was provided over $15 M of investment from Japan's Suntory, which utilizes bio-derived ethylene glycol in some PET bottles. Another unnamed investor also granted Anellotech $7 M and committed a further $3 M in 2016. A new pilot plant built by Zeton will be installed at South Hampton Resources' facility in Silsbee, TX, US, to process around 0.5 tonnes/y of bio-based BTX. Should the pilot test succeed, studies on a commercial unit will proceed.

Original Source: Chemical and Engineering News, 8 Feb 2016, 94 (6), 20 (Website: http:// cen.acs.org/index.html) © American Chemical Society 2016.

catalytic conversion of methane into ethylene. The investment brings Siluria a total of $40 M funding since Nov 2015. The parties also inked a technical cooperation agreement.

Original Source: Chemical and Engineering News, 6 Jun 2016, 94 (23), 15 (Website: http://cen.acs.org/index.html) © American Chemical Society 2016.

Siluria collaborates with Air Liquide Siluria and Air Liquide will jointly develop new catalytic procedures. This project will derive from Siluria's ethylene production platform through oxidative coupling of methane but will be focused on novel products.

Original Source: Chemical and Engineering News, 20 Jun 2016, 94 (25), 13 (Website: http://cen.acs.org/index.html) © American Chemical Society 2016.

C&EN profiles China Catalyst Group, a young company that emphasizes R&D China Catalyst Group (CCG), a specialty zeolite catalysts maker based in Dalian, China, is focusing on catalysts for chemical synthesis. It has two joint ventures - China Catalyst Huabang and China Catalyst Chunjiang. CCG has almost 200 employees, of which approximately 10% are devoted to R&D. Sales of the company reached $70 M in 2015. The firm supplies over two-thirds of domestic demand for TS-1, a catalyst utilized in oxidation reactions involving hydrogen peroxide.

Original Source: Chemical and Engineering News, 2 May 2016, 94 (18), 27 (Website: http://cen.acs.org/index.html) © American Chemical Society 2016.

Toyota group firm invests in Anellotech Pearl River, NY, US-based start-up Anellotech has received funding from Toyota Tsusho, a Toyota Group subsidiary, for the development of its biobased aromatics technology. The funds from Toyota Tsusho and other investors will be used to complete the installation of a development and testing facility in Silsbee, TX for the company's catalytic technology that manufactures benzene, xylenes, and toluene from non-food biomass.

Original Source: Chemical and Engineering News, 18 Jul 2016, 94 (29), 15 (Website: http://cen.acs.org/index.html) © American Chemical Society 2016.

Maire Tecnimont invests in Siluria Maire Tecnimont has invested $10 M to Siluria Technologies, a company developing

UK start-up raises cash for catalyst R&D Econic Technologies, a UK start-up firm has raised around $7 M from Imperial Innovations, Imperial College London's technology commercialization arm and two venture capital firms. The company is developing catalysts that allow polyurethanes and other polymers to be created with carbon dioxide. The company will create a demonstration facility using the new funds. The company secured $2 M in new funding from the European Union Horizon 2020 programme for research. A chemistry professor from Imperial College developed the catalyst technology.

Original Source: Chemical and Engineering News, 18 Jul 2016, 94 (29), 14 (Website: http://cen.acs.org/index.html) © American Chemical Society 2016.

3