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Chemical Industry Weekly Innovation News Round–up, Aug. 12
2:16 PM MDT | August 12, 2011 | By ALEX SCOTT
Innovation news has been lower key this week than of late. That stated, the announcements and new technologies in the biomaterials space keep on coming. In a tech tie up this week Algae oils firm Solazyme (San Francisco) and Bunge have signed a preliminary agreement to create a JV company that would produce triglycerides in Brazil. The agreement, subject to a final agreement, includes a 100,000 m.t./year renewable oil plant.
Market research firm BCC Research (Wellesley, MA) predicts that the market for industrial enzymes sales will hit $4.4 Billion in 2015. The global market for industrial enzymes is set to increase at a combined annual growth rate (CAGR) of 6%.
Another high-tech sector, biopharmaceuticals manufacture also is growing strongly BCC. The company has predicted that the global biologic drugs market will increase at a combined annual growth rate of 9.9% to $239 billion in 2015, up from $149 billion in 2010. The global market for biologics can..., according to a market report also by
The International Chemical Investors Group (ICIG; Frankfurt) says it has signed an agreement with Roche (Basel, Switzerland) to acquire Roche Colorado Corp. (Boulder, CO), which includes Roche’s pharmaceutical production facility at Boulder. ICIG will acquire the Roche affiliate company in Boulder with its technical development and small molecule manufacturing capabilities.
Beyond Chemical Week…
Solveclimatenews reports that a key carbon capture and storage (CCS) project is now well underway in Wyoming.
Science Daily reports how a hybrid solar system makes rooftop hydrogen. While roofs across the world sport photovoltaic solar panels to convert sunlight into electricity, an engineer believes a novel hybrid system can wring even more useful energy out of the sun's rays.