The Brazilian team has successfully implemented its first unit in Porto Alegre, Brazil in 2008 and while the project is in its initial phase, the technical and financial capacity to convert greenhouse gases into the raw material for these three basic needs has generated the necessary research funds to perfect this pathway that would get the debate on biofuels from algae on a promising track.

In parallel, the Italian Novamont company, the biggest producer of bioplastics in Europe,  has evolved from a company innovating in plastics to one that now focuses on the construction of biorefineries, and the first one is already operational in Terni, Italy. After an investment of approximately €100 million in innovative plastics and building up a portfolio of 100 patents, Dra. Catia Bastioli, the founder and CEO advanced in the implementation of this project by making a joint-venture with 600 local farmers who  locally supply produce for local consumption. This strategy to put non cultivated land back into production, and to secure that all biomass is processed (and not only the starch and vegetable oil) improves the income of the land, the output of the factory and the cost of the products, generating multiple cash flows as proposed by the Blue Economy.

Back to Part 2

Next: Part 4

To Summary