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Anellotech Scores Additional $6Mn Suntory Investment (Ind. Report)
Anellotech,Suntory
Date: 2018-03-28
Pearl River, New York-based renewable chemicals, bioplastics and fuels from non-food biomass producer Anellotech, is reporting two weeks of continuous operation of its seven-story tall TCat-8 pilot plant in Silsbee, Texas, producing primarily benzene, toluene, and xylenes (aromatics) from loblolly pine feedstock. The company also reports receipt of an additional $6 million investment from Suntory Holdings Limited, which was part of a previously announced $15 million package. To date, Suntorys has invested more than $30 million in Anellotech.

The Anellotech Bio-TCat Process's cost-competitive renewable aromatic chemicals are "drop in" replacements for their identical petroleum-derived counterparts, and can be used in manufacturing plastics renewable transportation fuels.

The alliance with Suntory, one of Anellotech's principal strategic investment partners, began in 2012 with the goal of enabling the development and commercialization of cost-competitive 100 pct bio-based plastics for use in beverage bottles. Suntory currently uses 30 pct plant-derived materials for its Mineral Water Suntory Tennensui brands and is pursuing the development of a 100 pct bio-based PET bottle through this alliance, as part of its commitment to sustainable business practices. (Source: Anellotech Inc., PR, 28 Mar., 2018) Contact: Anellotech Inc. David Sudolsky, Pres., (845) 735-7700, DSudolsky@anellotech.com, www.anellotech.com

More Low-Carbon Energy News Suntory news,  Anellotech news,  Biochemical news,  Bioplastic news,  Renewable Fuel news,  PET Plastic news,  


PET Recycling Team Cuts Carbon Emissions by 10 pct (Int'l Report)
PET Recycling
Date: 2018-03-26
Wollersdorf, Austria-based PET Recycling Team Gmbh reports it has obtained a measurement of the environmental impact of recycled bio-plastic PET (rPET) bottles and food containers. The calculated value was a CO2 equivalent of 0.45 kg for every kilogram of material produced.

The plant produces approximately 31,000 tpy of rPET and generates a volume of emissions that would take a forest the size of 6,231 football fields to absorb -- the same amount of CO2 emissions the company says it is saving each year compared to the production of new PET material. The GHG emissions for recycled material from Wollersdorf are only a tenth as high as a new material, also known as virgin PET, has a CO2 equivalent of 2.15 kg per kilogram.(Source: PET Recycling Team Gmbh, PR, 22 Mar., 2018) Contact: PET Recycling Team Gmbh, Gunther Lehner, CEO, +43 2622 433330, www.petrecyclingteam.com/en

More Low-Carbon Energy News CO2,  CO2 Emissions,  PET Plastic,  Bioplastic,  

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