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BASF invests in biomass option

from Sustainable Nonwovens

As a key supplier of raw materials for the nonwovens industry, among many others, BASF is investing $30 million in the U.S. technology firm Renmatix, as part of a new $50 million financing round. Renmatix has developed the patented Plantrose platform with which industrial sugar can be produced from lignocellulosic biomass (wood, cane trash or straw). more

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