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Forsaking funding at a $1 billion valuation, Solugen preps a new green chemical product and a big 2021

TechCrunch

Late last year, Solugen , a startup using synthetic biology to take hydrocarbons out of the chemicals industry, decided against pursuing a new round of funding that would have valued the company at over $1 billion, TechCrunch has learned. Chemicals are everywhere and they’re a huge business.

Chemicals 230
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Novoloop says it’s worked out how to upcycle plastic waste, raises $11M Series A

TechCrunch

Upcycling polyethylene (the normal ubiquitous plastic we are all familiar with) into high-value plastics that can compete with “virgin” plastic (meaning plastics made directly from petro-chemicals) is a fiendish problem to solve. Novoloop is setting out to transform plastic waste into high-performance chemicals and materials.

Chemicals 222
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UniSieve’s filters use special crystals to reduce industrial emissions

TechCrunch

The energy-intensive process of separating and purifying chemicals and gases is a big reason why industries like plastic manufacturing cause so much pollution. UniSieve is already making revenue and currently has over 24 clients, including chemical and energy companies. Today the Zurich-based startup announced it has raised $5.5

Industry 202
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Plastic upcycling startup Novoloop raises $10M Series A extension to accelerate commercialization

TechCrunch

Novoloop , a plastic upcycling startup, said Wednesday it has raised a $10 million Series A extension round co-led by South Korean chemical firm Hanwha Solutions and Taizo Son’s Mistletoe. Novoloop’s mission is to create a circular economy by transforming low-value plastic waste into high-quality chemicals and materials, Wang added.

Chemicals 249
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Oxyle’s tech uses water movement to remove pollutants

TechCrunch

The Zurich-based startup announced today $3 million in pre-seed funding that it will use to bring its tech to market. The startup’s customers include companies in the pesticide, chemical, textile pigments, electronics and pharmaceutical sectors that are regulated by strict discharge limits. million since it was founded in 2020.

Chemicals 207
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The Performance Benefits of a Portfolio Review

Strategy Driven

Fortunately for those organizations with an effective Integrated Business Planning (IBP) process, the Portfolio Review provides a mechanism to navigate the complexities of product lifecycles, market dynamics, and resource allocation to meet the organization’s strategic objectives. Has bias in the PR performance measures been eliminated?

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How IT does business at Eastman

CIO

When Aldo Noseda became CIO at chemical manufacturer Eastman five years ago, he immediately began working with other leaders in the company to bring a new category of services to the market that complemented its physical products. We now have three services on the market and a fourth on its way.”

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