TAGS: Sustainability / Natural Cosmetics
Global Bioenergies (FR0011052257 – ALGBE), one of the specialists in the conversion of plant resources into chemical compounds used in many cutting-edge fields such as cosmetics and energy, announces that it is revising its industrial ambitions upwards and decides to adjust its roadmap to focus from now on a plant project with greater production capacity than the ViaViridia plant in order to meet the expectations of its industrial interlocutors, commercial and financial.
Evolution of factory sizing to achieve larger volumes and more competitive prices, production intended for the cosmetics market, and then for sustainable aviation fuels, and preparing model replicability for international deployment.
Guided by the Current Trend of Accelerating Renewables
This plant, sized to produce 10,000 tons of isobutene and derivatives per year (compared to 2,000 tonnes in the previous project) will target the cosmetics market and then that of sustainable aviation fuels for which Global Bioenergies has just obtained ASTM certification.
Marc Delcourt, co-founder and managing director of Global Bioenergies, comments, “
We have delivered the first orders, and our turnover for the first half stands at 2.4 million euros. Guided by the current trend of accelerating renewables, by the strong traction of the markets on the subject, and by the technical progress of our direct process, we are modifying our roadmap.”
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The commercial activities of the Pomacle unit, admittedly generating turnover but with a low associated margin, are no longer a priority. We are now concentrating all our efforts on building this larger plant, scheduled to start up at the end of 2027. At the same time, we are already beginning to project our technology in other geographies and with other raw materials with international industrial groups.”
For L'Oréal, the largest shareholder in Global Bioenergies via its investment fund BOLD (Business Opportunities for L'Oréal Development), this large-capacity plant project echoes the environmental challenges and commitments made under its L 'Oréal for the Future. Ana Kljuic, L'Oréal R&I vice-president for the Future & Green Sciences adds, “
Our commitment by 2030 is to reach 95% bio-sourced ingredients, derived from abundant minerals or from circular processes in our formulas. This new ambition of Global Bioenergies will make bio-sourced isobutene derivatives accessible at competitive prices to the cosmetics markets and, beyond that, allow everyone to actively participate in the environmental transition.”
Source: Global Bioenergies
