Page 160 - CW E-Magazine (29-7-2025)

News from Abroad News from Abroad

GREEN ALTERNATIVE Monreal, whose prior experience ing to Agilyx. “We are thrilled to expand Germany, Austria and Italy and is addi-
AmphiStar gets funding to bring biosurfactants to market includes being the founder and CEO Agilyx’ reach into Europe as we build tional evidence of GreenDot’s commit-
of London-based chemical recycling a global platform to supply feedstock ment to scaling the circular economy of
company, Plastic Energy. to the plastic recycling industry,” said plastic in Europe.”
Belgian biosurfactants startup, Agilyx’s CEO Ranjeet Bhatia. “Green-
AmphiStar, has been awarded €12.5-mn Agilyz described GreenDot as “the Dot is the recognized industry leader in In addition to its proposed stake
following the European Innovation leading circular plastic recycling plat- Europe, has tremendous momentum in in GreenDot, Agilyx is a partner in
Council’s (EIC) latest funding round. form in Europe and the third-largest the fast-developing advanced recycling Houston-based Cyclyx, a Joint Ven-
recycling company in Germany.” market, and is a great complement to ture (JV) with petrochemical fi rms
The funds, which take the form of Agilyx’ existing activities,” he added. ExxonMobil and LyondellBasell,
a Euro 2.5-mn grant and Euro 10-mn GreenDot is licensed in 29 coun- and already is a JV partner with Cir-
equity investment, will enable AmphiStar tries and processes more than 1-mtpa of Laurent Auguste, CEO of GreenDot, cular Resources in Plastyx, a Dublin-
to speed up the production of sustain- discarded packaging waste, including said, “The new capital injection based eff ort to acquire plastic scrap
able microbial biosurfactants, upcycled more than 400-ktpa of plastic, accord- will support expansion of facilities in feedstock.
from a bio-based waste feedstock, and
ultimately bring them to market. IMCD opens new life science laboratory hub in Shanghai

Dutch speciality chemicals and
The latest funding follows Euro 12-mn
previously raised through CBE-JU cially available products (AmphiCare AmphiStar off ers a cleaner alternative ingredients distributer, IMCD, has
opened a newly reorganised and ex-
projects (Waste2Func, SurfsUP), re- and AmphiClean), but also to bringing to common synthetic surfactants. panded Life Science Laboratory hub
gional grants (VLAIO) and the early a fi rst novel biosurfactant from our in Shanghai, China. The new facility
and disruptive support of the German biosurfactant platform technology to It also avoids the use of virgin crops is dedicated to supporting innovations
SPRIN-D and Ghent-based Biotope in market while expanding our range of such as palm oil or sugar as feedstock, in pharmaceuticals, food, beauty and
addition to a pre-series A funding round products beyond our current personal whose cultivation is associated with personal care applications.
closed in 2024 by three experienced care and home care off erings.” deforestation and habitat loss while re-
VC funds (ECBF, Qbic, PMV). quiring extensive inputs of land, chemi-
AmphiStar’s synthetic biology plat- cals and fossil resources. AmphiStar The hub brings together three labo-
AmphiStar’s COO Ms. Sophie form is designed to enable the creation recently signed a strategic agreement ratories (Food & Nutrition, Pharma-
Roelants said: “This funding success of molecules tailored to meet the per- with Illinois-based surfactant manufac- ceuticals, Beauty & Personal Care) to
increase cross-industry exchanges and
enables us to take the next steps in Amphi- formance and behaviour requirements turer Kensing to bring its biosurfactants enhance IMCD’s off erings to our cus-
Star’s journey to commercialisation. of specifi c applications. By upcycling and production technology to the North tomers and partners. The compound talent development and innovation. with suppliers and customers, enabling
“We now look forward not only to bio-based waste and side streams as American market and is fi nalising is part of the East China University of IMCD said its global network of over the co-creation of solutions to address
further scaling production of our commer- feedstock for its fermentation process, agreements with European counterparts. Science & Technology, allowing close 80 technical centres and laboratories complex formulation challenges and to

CIRCULAR ECONOMY collaboration with the University on are aimed at fostering collaboration anticipate industry trends.
Agilyx to acquire stake in European plastic recycler, Advanced Petrochemical starts PDH and PP plants in Jubail
The company has also started opera-
Industry Co. (Advanced Polyolefi ns),
Saudi Arabia’s Advanced Petro-
GreenDot chemical Co. has completed the con- tions at two polypropylene (PP) plants, are located in Jubail Industrial City.
struction and started operations at its with a combined designed capacity Advanced Polyolefi ns is a joint venture,
Norway-based Agilyx ASA has Luxembourg-based Circular Resources Propane Dehydrogenation (PDH) plant, of 800-ktpa, according to a statement with 85% owned by Advanced Global
signed a binding agreement to acquire in 2022. The 2022 sale to Circular which has a designed production capa- to Saudi stock exchange. The plants, Investment Co. (AGIC) and 15% by SK
44 percent of GreenDot Global, which Resources followed an unsuccessful bid city of 843-ktpa of propylene. operated through Advanced Polyolefi ns Gas Petrochemical Pte. Ltd. (SKGP).
it refers to as Europe’s largest plastic by Germany-based waste and recycling
recycling platform. fi rm Remondis to buy the DSD assets. Tokuyama and OCI set up Joint Ventures for polycrystalline silicon products
That transaction was not approved by
GreenDot Global has its roots in a German federal court, which ruled in Japanese chemicals fi rm, Tokuyama talline silicon semi-fi nished prod- In anticipation of growing future
the German Der Grüne Punkt – Duales 2020 that it might put too much “mar- has set up a joint venture (jv) company ucts in Malaysia, to be called OCI demand for semiconductors, Tokuyama
System Deutschland (DSD) recyclables ket power” in the hands of Remondis. with OCI TerraSus, a Malaysian Tokuyama Semiconductor Materials has been working to build a production
collection system. That collection net- subsidiary of the OCI Group of South Sdn. Bhd. (OTSM). This follows the and supply system for semiconduc-
work was purchased by equity investor Subsequent purchaser Circular Korea, for the production and sale initial announcement made in tor-grade polycrystalline silicon using
H.I.G. Capital in 2011 and then sold to Resources was founded by Carlos of semiconductor-grade polycrys- December 2023. clean energy.

160 Chemical Weekly July 29, 2025 Chemical Weekly July 29, 2025 161

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