Energy Morning - 21 November 2024

Avantium: collaboration with SCGC in PLGA polyester

This morning, Avantium announced it has signed a multiyear collaboration with SCGC to pilot the production of PLGA (polylactic-co-glycolic acid) building on the Joint Development Agreement signed in June 2023 and SCGC's long-term commitment in Avantium as a shareholder (3% stake). As part of the ag

Renewable Weekly – 11 November 2024

Avantium: collaboration with Parfums Christian Dior

This morning, Avantium announced its collaboration with Parfums Christian Dior, a Maison from LVMH Group, to implement its Releaf (PEF) polymer in Dior’s packaging. This follows three years of partnership between Avantium and LVMH to develop sustainable packaging solutions, and makes Parfums Christ

Renewable Weekly – 1 November 2024

This week, we summarise this week's most important newsflow on the companies under our coverage.

Avantium: extended collaboration with SCGC

Yesterday, Avantium and SCGC announced the extension of their existing collaboration into the FDCA and PEF domains, building on their work in CO2-based polymers (Volta) and SCGC's long-term commitment in Avantium as a shareholder (3% stake). The two partners aim to accelerate market adoption of PEF

Carbios: first 100% “fibre-to-fibre” biorecycled clothing unveiled

This morning, Carbios and its consortium partners — namely On, Patagonia, PUMA, Salomon, and PVH Corp.— introduced the world's first polyester garment enzymatically recycled from 100% textile waste using Carbios' biorecycling technology. A plain white T-shirt showcases this achievement, demonstrati

Energy Morning - 28 October 2024

Renewable Weekly – 25 October 2024

This week, we summarise this week's most important newsflow on the companies under our coverage.

Energy Morning - 25 October 2024

Tomra Systems: Acquisition of c-trace

Yesterday, Tomra acquired 80% of the shares of c-trace - a German group providing integrated hardware and software solutions to manage waste collection vehicles fleets. This acquisition is in line with the strategy announced at Tomra CMD (Sept. 2024) where the group announced its intention to devel

Sensible Recycling bolt-on, but at what price?

Energy Morning - 24 October 2024

Energy Morning - 23 October 2024

Avantium: FDCA flagship officially opens

Yesterday, Avantium officially inaugurated its FDCA flagship plant at the Chemie Park in Delfzijl (Netherlands). This is a significant step forward for the company with the FDCA flagship plant serving as a stepping stone to Avantium's overall licensing model and go-to-market. Delivered on time, Ava

Poland sliding and soft orders

Tomra Systems: Unsurprising Q3 results

This morning, Tomra Systems reported its Q3 2024 results, broadly in line with our estimates. Q3 2024 sales came in at EUR326m (+6% YoY, vs. EUR308m in Q3 2023) on the back of strong revenues in Collection and improvements in Food. Q3 2024 EBITA stood at EUR44m, (+16% YoY vs. EUR38m in Q3 2023 and

Energy Morning - 22 October 2024

Q3 first take: orders trend weaker

Energy Morning - 21 October 2024