Renewable Chemicals & Biobased Materials

BIO released a white paper on the growth and jobs potential of green chemicals.

The advanced biofuel industry can reduce reliance on oil and create green jobs; diverse federal programs are necessary to help producers secure financing for construction of projects. The Biotechnology Industry Organization (BIO) today joined 34 other companies and trade associations to ask leaders of the House Ways and Means Committee to include the language of H.R. 5142, the Grow a Renewable Energy Economy Now – Jumpstart Other Biofuels (GREEN JOB) Act of 2010, in the next appropriate revenue vehicle considered by the House.

The Biotechnology Industry Organization (BIO) today thanked Agriculture Secretary Tom Vilsack and Energy Secretary Steven Chu on the announcement of Biomass Research And Development Initiative grants and the establishment of a Biomass Crop Assistance Plan project area. BIO congratulated member companies Cellana LLC of Hawaii and Metabolix Inc. of Massachusetts on receiving awarded grants.

The successful construction of a synthesized genome could enable new research and development of human therapies, biofuels, and biobased chemicals from renewable resources.

Recently introduced legislation could help the military become the technology leader in scaling up commercial production of sustainable biofuels, such as algae.

The keys to successful industrial biotech business relationships mirror those for successful personal relationships, industry leaders explained today.  During the final Lunch Plenary Session of BIO’s 2011 World Congress in Toronto, moderator James Stoppert, CEO of BioAdvisors, along with panelists Patrick Gruber, CEO of Gevo, Ron Commander, Head of Butyl Rubber Business Unit at Lanxess, Christophe Schilling, CEO of Genomatica, and Hisao Urata, General Manager of Corporate Planning at Mitsubishi Chemical discussed “Strategic Partnerships for More Robust Value Chains” and identified some key components to that end.

Today, major players in the clean energy investment community provided key perspective and insight to help inform industrial biotech companies and their future success.

During today’s plenary lunch session at BIO's 2011 World Congress in Toronto, Royal DSM CEO Feike Sijbesma gave a passionate keynote address and accepted the 2011 George Washington Carver Award for his company’s efforts to promote bio-based products over those relying on fossil-fuel resources.

BIO has named Feike Sijbesma as the recipient of its 2011 George Washington Carver Award for innovation in industrial biotechnology.

"The Value Proposition for Cellulosic and Advanced Biofuels Under the Federal Renewable Fuel Standard" is forthcoming in the April 2011 Industrial Biotechnology Journal.

The Agriculture Department has announced additional money for loan guarantees to support construction of new advanced biofuel biorefineries.

Upward trends and investment opportunities will be focus of BIO’s World Congress in May.

Honoring the father of chemurgy, the award will be presented at the World Congress on Industrial Biotechnology and Bioprocessing in May.

Industry leaders point out that biotech-enabled advanced biofuels spur job growth and reduce U.S. dependence on imported oil.

August 27 2012
We are writing to caution against granting a waiver for the federal Renewable Fuel Standard (RFS). A number of groups and some governors seem to believe that the RFS is a substantial part of the equation when it comes to grain prices, and waiving the program this year or next will ease the impact of the drought on consumers. There is substantial evidence to the contrary.
May 21 2012
BIO is the world’s largest biotechnology organization, with more than 1,100 members worldwide.
May 17 2011
BIO encourages Congress to support advanced biofuels and biobased products programs and initiatives during consideration of the Fiscal Year 2012 Energy & Water Appropriations bill. Industrial biotechnology is the key enabling technology that is causing a dramatic paradigm shift in the production of fuels and chemicals. By building modern biorefineries and using industrial biotechnology our nation could significantly reduce its dependence on foreign sources of oil.
December 1 2010
Biobased products and renewable chemicals should be incentivized along with other renewable technologies in Congressional bills aimed at creating jobs, according to letters sent by BIO and biotechnology companies to House and Senate leaders.
September 20 2010
BIO’s letter to President Obama proposes several necessary steps to fix the LGP and achieve the goal of near-term commercialization of advanced biofuels, biochemicals, and bioproducts
February 4 2014
BIO thanked Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) and Ranking Member Thad Cochran (R-Miss.) on final passage in the Senate of the Federal Agriculture Reform and Risk Management Act of 2013. BIO also thanked the energy title’s many champions in the Senate, including Sens. Roy Blunt (R-Mo.), Al Franken (D-Minn.), Charles Grassley (R-Iowa), Tom Harkin (D-Iowa), and Amy Klobuchar (D-Minn.).
January 29 2014
BIO today thanks House champions of the Farm Bill energy title and congratulates them on final passage of the bill.
January 27 2014
The Farm Bill conference report contains significant funding for renewable energy programs, allows renewable chemical technologies to access the programs, and supports purpose grown energy crops.
October 28 2013
Use of renewable chemicals to replace petroleum chemicals is growing rapidly due to consumer demand. The Biotechnology Industry Organization’s (BIO) 2013 Pacific Rim Summit on Industrial Biotechnology and Bioenergy will feature presentations on cutting edge platforms used to create better and more efficient renewable chemicals for broader applications.  The Pacific Rim Summit will be co-organized by BIOCOM and held in San Diego, December 8-11, 2013 at the Westin Gaslamp Quarter.
September 30 2013
BIO and 38 member companies and organization today wrote a letter of thanks to Reps. Bill Pascrell (D-N.J.), Steve Stockman (R-Texas), and others who sponsored the Qualifying Renewable Chemical Production Tax Credit of 2013.