Food waste and loss is an unfortunate reality of the food and agriculture supply chain. Global food waste is at 30%, and as high as 40% in developed countries; but beyond being an altruistic social and environmental concern amidst the growing demand for food, it fails to receive the proper recognition as an economic issue with considerable business profit potential. Continue reading
Innovations aimed at reducing carbon fiber cost and improving composite processing efficiency (see the report “Carbon Fiber Composites Market Update” [client registration required]), combined with continued global scale-up (see the report “Carbon Fiber Update 2016 Edition”[client registration required]), are driving increased adoption of carbon fiber reinforced plastics (CFRPs). As higher volumes enter the market, CFRP recycling is increasingly important not only for environmental and economic benefit, but also to avoid upfront landfill costs and to meet stringent automotive regulations in recyclability. In 2016, the global CFRP market was greater than 60,000 MT and is expected to grow to 183,000 MT or $35 billion in 2020. However, only a small amount of scrap produced per year is recycled and more than $400 million of CFRP ended up in landfills in 2015. Continue reading
The DowDuPont merger appears to be on track (client registration required) for a late completion after European regulators signed off on it recently. However, investors apparently aren’t satisfied with the company’s current plan to break into three entities after the merger. In fact, the companies have now announced that there will be a detailed review of the split-off after the merger is complete, which could result in delaying the final spin-outs. Continue reading
What They Said
In April, Netherlands-based vegetable seed company Bejo Zaden introduced its new True Potato Seed variety. The new variety, branded Oliver F1, is a tetraploid hybrid that can grow from botanical seed rather than seed potatoes. While Bejo is not the only organization to develop botanical potato seeds (the Kenosha Potato Project, Solynta [client registration required], and Assam Agriculture University have also done so), this announcement is significant for several reasons.
What They Said
On May 1, 2017, start-up Calysta (client registration required) announced it closed its $40 million Series D round, led by Mitsui & Co., Temasek, Pangaea Ventures, and Cargill. This follows the company’s $30 million Series C in February 2016, led by strategic partner Cargill. Calysta developed a fermentation process to produce a bacterial protein, branded FeedKind, which it plans to sell to the aquaculture industry as an alternative to fishmeal.
Hydrophobic coatings, which repel liquids due to a high solid-liquid interfacial energy, have been aggressively developed over the last two years for a variety of applications in infrastructure, aerospace, automotive, textiles, electronics, and packaging. Lux wanted to understand which application areas of hydrophobic coatings have demonstrated dominance and which continue to struggle since 2015. We created a Lux Innovation Grid containing only companies with a “Positive” Lux Take and colored them by corresponding application (see Figure 1). Continue reading
There is extreme inconsistency and contradiction amongst global regulatory bodies that oversee biotechnologies, particularly around regulations pertaining to genetically modified organisms (GMO) and genetic engineering (GE). GE technologies like CRISPR-Cas9 and TALENs are gaining popularity, but fractured regulations are holding many of these technologies back from commercialization. Continue reading
Lux recently attended SustPack 2017, a conference focused on “the Inputs, Outputs and Impacts of Packaging in Supply Chain Sustainability.” Although the conference’s topics varied from sourcing sustainably to commercializing biopolymers to reducing food waste, three key themes emerged from the discussions: Continue reading
A new generation of consumers demand sustainability. In response, multinational corporations are increasingly integrating bio-based materials and chemicals into products as a way to market a more sustainable brand. Business savvy leaders will first target opportunities where bio-based materials & chemicals have a clear advantage over incumbents in performance, but most are stumped by where to start in the value chain. Continue reading
All eyes have been on the U.S. since Donald Trump won the election last November. So far, outcomes have been mixed: on one hand, the Dow Jones Index has witnessed a historical surge since his election win, rising from just below 18,000 to above 21,000. The U.S. Dollar Index has seen similar benefits, strengthening from just below 97 to nearly 102 in early April. While these factors play along with Trump’s campaign slogan to “Make America Great Again,” not all policy changes were welcomed and many have seen substantial criticism. Continue reading