Page 166 - CW E-Magazine (25-6-2024)

News from Abroad News from Abroad

step towards our vision of revolutioniz- logy using yeast and precision fermenta- ago, is supported by an international MAINTENANCE BREAK
ing the food industry with sustainable tion to produce sustainable aromas that syndicate of investors consisting of
and innovative solutions,” said Ms. create the taste of hops. These aromas Nordic Foodtech VC, the German fl a- Neste concludes major turnaround at its Porvoo
Camilla Fenneberg, CEO of EvodiaBio. are initially targeted for the beer indus- vour house Symrise, PINC – the ven-
try, but the company is looking at possi- ture arm of Paulig, Thia Ventures VC, refi nery
Hops are one of the key ingredients bilities beyond non-alcoholic products. Newtree Impact, Ananke Ventures Neste Corporation has announced works of some 5,000 equipment, as
that give beer its great taste, but like In the long term, EvodiaBio aims to Limited, EIFO, and The March Group. that the major turnaround with sche- well as asset improvement initiatives at
many of nature’s other resources, the improve the taste of various types of EvodiaBio received early-stage fi nan- duled maintenance of its Porvoo refi nery the Porvoo refi nery that cannot be done
aromatic plant is threatened by climate beverages and other food products. cial support of €2-mn from the Danish in Finland has been successfully com- when the refi nery is operating. The
change and production has been declin- BioInnovation Institute, founded by the pleted and refi ning of crude oil as well turnaround works focused on pressure
ing. EvodiaBio has developed a techno- EvodiaBio, founded just three years Novo Nordisk Foundation. as renewable and circular raw materials equipment, as well as rotating equipment

CIRCULAR ECONOMY into more than 100 different products to and pipelines,” said Mr. Jori Sahlsten,
customers globally continues.
Senior Vice President of Refi nery and
MBA Polymers UK opens dedicated line for advanced “We completed a major mainte- Terminal operations from the Oil Prod-
ucts business at Neste Porvoo.
recycling of car bumpers nance shutdown in a condensed time refi nery’s transformation but it does
frame. Neste has moved to a shorter allow for more fl exible implementation During the major turnaround, the
MBA Polymers UK, a leading turnaround interval as a result of careful of the needed investments as we progress Porvoo refi nery was one of the largest
plastic recycling fi rm, has launched assessment of costs and risks associated with the programme,” said Mr. Markku construction sites in Finland. In total,
a specialist processing line to recycle with the earlier fi ve-year cycle. More Korvenranta, Executive Vice President some 7,600 people took part in the
car bumpers from end-of-life vehicles frequent turnarounds are less complex in Oil Products business unit at Neste. turnaround works and completed over
(ELVs). The move will signifi cantly and smaller in scope. The decision to 1.4-million working hours. The major
advance its plans to create a fully circu- move to a shorter cycle of 2.5 to 3 years “We completed a large number of turnaround investment in 2024 totalled
lar economy for car bumpers in the UK. is not directly related to the Porvoo regulatory inspections, maintenance approximately 390-million euros.
Syensqo partners Agtech Innovation to drive open
The facility will also help car manu-
facturers meet proposed amendments innovation in agri tech
to the ELV directive in the EU and the
UK, which has proposed a that at least Belgian chemical fi rm, Syensqo,
25% of plastics in a car must be made has teamed up with Agtech Innova-
from post-consumer plastics. tion located in the Piracicaba Techno-
logy Park, São Paulo, Brazil to boost
Based in Wimblington, near Cam- Syensqo’s agribusiness capabilities and
bridge, the dedicated line will be sup- the production of high-impact polypro- materials in their new vehicles. By ex- strengthen connections within the South
plied from MBA Polymers’ growing pylene and fi lled polypropylene. panding the recycling of car bumpers, American agribusiness ecosystem.
number of collection sites and access MBA Polymers UK will signifi cantly
feedstock from the UK’s biggest ELV MBA Polymers UK said some of the reduce the more than 900-ktpa of plastic “Demonstrating Syensqo’s keen
recycler, EMR. This creates consistent largest automotive manufacturers have from cars which currently goes to land- interest in innovation within the South
and high-quality recycled resins for switched to using the fi rm’s sustainable fi ll or incineration in the UK and EU. American agricultural landscape, our
partnership with Agtech Innovation
IMCD boosts pharma portfolio in Italy with Selechimica positions us to establish robust con-

acquisition nections with both major corporations
and burgeoning startups,” said Ms. Ana initiatives that bring together startups, cultivates an ecosystem characterised
Paula Bodemeier, Research & Innova- producers, investors, academics, sci- by openness, connectivity, collabora-
Dutch chemical distribution major, extensive portfolio of Active Pharma- 31, 2023. “By acquiring Selechimica, tion Agro Lab manager for LATAM at entists, and various stakeholders to tion, and agility. Syensqo said its close
IMCD, said its Italian arm has agreed ceutical Ingredients (APIs). With IMCD will further strengthen its posi- Syensqo. develop technological solutions that ties to Agtech Innovation’s partner net-
to acquire 100% of the shares in Sele- 3 employees, Selechimica represents tion in the Italian API market. We are enhance sustainability, competitiveness, work will provide opportunities to help
chimica, an Italian distributor in the leading suppliers and generated a eager to unlock the potential of this Agtech Innovation is recognised and social inclusivity across the entire accelerate the group’s innovation agenda
pharmaceutical industry. Headquartered revenue of approximately €5-mn in acquisition,” said Mr. Marco Madeddu, as a leading centre for agricultural in- agribusiness value chain. Supported for the agriculture market, including
in Milan, Selechimica distributes an the fi nancial year that ended December Managing Director, IMCD Italy. novation. It is dedicated to fostering by industry leaders, Agtech Innovation formulation solutions for biologicals.

166 Chemical Weekly June 25, 2024 Chemical Weekly June 25, 2024 167

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