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Specialty chemical company Elevance Renewable Sciences, Inc. announced this week the commercial availability of Inherent™ C18 Diacid, a mid-chain length, biobased diacid that will, as the company describes in its press release, enable "producers of polyamides and polyurethanes, lubricants and adhesives to significantly expand their portfolios with cost-competitive products that demonstrate performance not possible from products made with more common, shorter-chain diacids." A...

On September 12, 2013, Representative Bill Pascrell (D-NJ) introduced H.R. 3084, the "Qualifying Renewable Chemical Production Tax Credit Act," to provide tax parity for the renewable chemical industry in the United States. Along with Representative Pascrell, the original co-sponsors of the bi-partisan bill are Representatives Steve Stockman (R-TX), Allyson Schwartz (D-PA), Linda Sanchez (D-CA), and Richard Neal (D-MA). Essentially, the bill would extend the current production tax...

Unilever announced this week its new partnership with the University of Liverpool for a three-year research project designed to develop renewable chemicals "from the surplus sugars, fats, oils and carbohydrates produced via commodity by-products and forestry wastes, creating a cent[er] of excellence in the identification of sustainably sourced ingredients that it is hoped will end up in the production of some of the world's most familiar brands." The company's press release on...

Renewable chemicals are emerging at a fast pace, paving the way for new, innovative, and sustainable biobased products. The renewable chemicals’ market is estimated to reach $83.4 billion by 2018 in applications ranging from transportation and agriculture to textiles and cosmetics. In addition to all the elements great companies need to succeed -- a great product, a great brand, inspiring leadership, and vision -- biobased product companies need to understand how the U.S. Environmental...