Record acquisition: Bayer pounces

This acquisition is the biggest of its kind by a German firm. Bayer's acquisition of Monsanto for 66 billion US dollars is now set to go ahead. The regulators have yet to approve the deal, however. According to the German chemical corporation, it is willing to pay 128 dollars per share, valuing Monsanto at 66 billion dollars. That works out at about 58.8 billion euros. Data from financial news agency Bloomberg indicate that this is the second-largest cash acquisition in world history.

Synvina: BASF and Avantium join forces

BASF and Avantium have formed a joint venture for the production and marketing of the green building block furandicarboxylic acid (FDCA) and the drop-in bioplastic polyethylene furanoate (PEF) made from FDCA. Synvina will be headquartered in Amsterdam and will invest several hundred millions euros to build a plant producing 50,000 metric tons annually at BASF’s Verbund site in Antwerp, Belgium, to demonstrate feasibility of manufacture at industrial scale and to license production.

Global agenda for sustainable bioeconomy adopted

The Bioeconomy Council of the German Government had invited delegates from all over the world to Berlin to attend this first Global Bioeconomy Summit from 24 - 26 November. At the end, the participants agreed on a final communiqé, highlighting five priorities. Summing up with regard to the Sustainable Development Summit in New York and the upcoming climate negotiations in Paris, Christine Lang, Co-Chair of the Bioeconomy Council, said, "Sustainability is one of the top issues on the political agenda. 2015 is the year of major international negotiations.

Green chemistry from wood and oil

To avoid competition with food production, the EU research consortium "Bioconsept" was launched four years ago. Bioconsept is 13 million euro EU-funded research project, which converts second-generation biomass into valuable platform chemicals and bioplastics. It has developed manufacturing processes for two platform chemicals, which are derived from inedible biomass – such as wood or old vegetable oil.

For greater variety in the cheese department

Even so, the pressure of competition is also increasing amongst the German producers of Gouda and other cheese. The demand for new flavours of cheese is rising and production processes must be optimized. In cheese manufacturing, raw materials alone account for 87% of the costs. Nutrition researchers at the Hohenheimer University in Bonn now aim to advance an era of 'Cheese 4.0' by establishing a new technology platform. The new process is aimed at simplifying the production of sliced cheese, in particular, which has a market share of 30%, and increasing its variety.

Skin care using lactic acid bacteria

Lactic acid bacteria, also known as lactobacilli, are in popular demand as aids and additives in the food industry. However, these useful microorganisms have considerably more potential, as the Organobalance company from Berlin has demonstrated in a clinical study. In its own proprietary collection of bacteria and yeast strains, the Organobalance researchers have now found an organism that can help to soothe dry skin: the bacterium Lactobacillus brevis DSMZ17250.