GlobeNewswire by notified

€6.2 million in funding allocated by ADEME to Global Bioenergies’ Prénidem project


€6.2 million in funding allocated by ADEME to Global Bioenergies’ Prénidem project

€4.4 million allocated to Global Bioenergies, €1 million allocated to Ajinomoto Foods Europe and €0.7 million allocated to ARD, the other two members of the consortium

Funding in the form of 60% subsidy (non-repayable) and 40% repayable advances, subject to the achievement of technical and commercial milestones, to be paid in several instalments over the duration of the project, including an initial 15% instalment.

Evry, 14 March 2023Global Bioenergies announces that it has received support from the French government as part of the “Biobased products and industrial biotechnologies” call for projects led by ADEME, in partnership with Ajinomoto Foods Europe, leader in industrial fermentation, and ARD, specialist in scale-up and exploitation of biotechnological processes. The project runs until September 2025.

The Prénidem project aims to implement the “two-step” production process on which Horizon 2 is based. The first step involves the conversion of residual sugars into DMA (also known as “prenic acid”). Production of this metabolic intermediate is carried out in an industrial-scale fermenter operated by Ajinomoto Foods Europe. The second step consists of converting this DMA into isobutene in the production unit owned by Global Bioenergies and operated by ARD at its Pomacle-Bazancourt facility.

The main goal of the project is to promote commercial applications of biobased isobutene derivatives in the make-up market as well as the high octane renewable fuel additives currently sought by Formula 1 stakeholders.

The second goal is to optimise the technology in order to reduce the production costs of biobased isobutene and its derivatives.

The project will boost the development of new green value industries in France by addressing the strategic challenges of economic sovereignty, income generation and employment.

Yves Duquesnoy, Deputy CEO of Ajinomoto Foods Europe, commented: “Our collaboration with Global Bioenergies started in 2021 and has gone from strength to strength since then: we have managed to scale up the DMA biological production process to 160,000 litres. We are very glad to be able to optimise industrial production thanks to government support.”

Philippe Aubry, Deputy CEO of ARD, said: “We have been working with Global Bioenergies since 2014 and as part of this project we bring our know-how to contribute to the industrialization of this radically innovative process. We produce the biocatalyst for the second step on an industrial size fermenter (180,000 litres), and carry out the second step itself (bioconversion of DMA into isobutene) on the Global Bioenergies reactor.”

Bernard Chaud, Head of Industrial Strategy at Global Bioenergies, said: “This government funding will allow us to optimise our Horizon 2 production chain and prepare the commercial roll-out of the ViaViridia plant, which corresponds to our Horizon 3, by offering significant volumes of biobased isobutene and derivatives to our customers and prospects.”


Global Bioenergies converts plant-derived resources into compounds used in the cosmetics industry, as well as the energy and materials sectors. After launching the first long-lasting and natural make-up brand LAST® in 2021, Global Bioenergies is now marketing Isonaturane® 12, its key ingredient, to major cosmetics companies to improve the naturalness of their formulas whilst improving their carbon footprint. In the long run, Global Bioenergies is also aiming at cutting CO2 emissions in the aviation and road sector and thereby curb global warming. Global Bioenergies is listed on Euronext Growth Paris (FR0011052257 - ALGBE).

Receive information about Global Bioenergies directly by subscribing to our news feed on

Follow us on LinkedIn: Global Bioenergies




Iva Baytcheva

Nicolas Daniels


To view this piece of content from, please give your consent at the top of this page.
To view this piece of content from, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Savosolar Plc – Managers’ Transaction, Jari Varjotie, March 202323.3.2023 11:30:00 CET | Press release

Savosolar Plc Company Announcement 23 March 2023 at 11.30 a.m. (CET) Savosolar Plc – Managers’ Transaction, Jari Varjotie, March 2023 Person subject to the notification requirementName: Varjotie, Jari Position: Chief Executive Officer Initial NotificationReference number: 27838/5/4 IssuerName: Savosolar Oyj LEI: 743700J1YZ8IEJAPDL21 Transaction detailsTransaction date: 2023-03-23 Venue: FIRST NORTH GROWTH MARKET FINLAND (FSME) Nature of the transaction: Subscription Instrument: Share ISIN: FI4000425848 Volume: 15000 Unit price: 0.05400 Euro Aggregated transactionsVolume: 15000 Volume weighted average price: 0.05400 Euro SAVOSOLAR PLC For more information: Savosolar Plc Managing Director Jari Varjotie Phone: +358 400 419 734 E-mail: Savosolar in brief Savosolar has two business areas: Marine Logistics and Renewable Energy. Marine Logistics (Meriaura Oy) is a major provider of transport for bulk cargo and demanding project deliveries in Northern Europe, especi

Anmodning om ophævelse af suspension af afdelinger i Investeringsforeningen Nordea Invest23.3.2023 11:12:27 CET | Press release

De tekniske problemer er nu løst og det er igen muligt at stille priser for nedenstående afdelinger, hvorfor handelen med nedenstående afdelinger genoptages. Short nameNavnISIN NDINSCKL1 Nordea Invest Nordic Small Cap KL 1 DK0015974695 NDIESCSKL1 Nordea Invest European Small Cap Stars KL 1 DK0015960983 NDIDKKL1 Nordea Invest Danmark KL 1 DK0010265859 NDIGSCKL1 Nordea Invest Global Small Cap KL 1 DK0016050974 NDIEUSTKL1 Nordea Invest European Stars KL 1 DK0010265693 NDINASTKL1 Nordea Invest North American Stars KL 1 DK0010265776 NDIGUAKL1 Nordea Invest Globale UdbytteAktier KL 1 DK0010265503 NDIGOBLKL1 Nordea Invest Globale obligationer KL 1 DK0010170398 NDIMLOKL1 Nordea Invest Mellemlange obligationer KL 1 DK0015168686 NDIAKTIIKL1 Nordea Invest Aktier II KL 1 DK0015357065 NDIEHYKL1 Nordea Invest European HYB KL 1 DK0016306798 NDIDAFKL1 Nordea Invest Danske aktier fokus KL 1 DK0060012466 NDIAKL1 Nordea Invest Aktier KL 1 DK0010250158 NDIVOBKL1 Nordea Invest Virksomhedsobligationer KL 1

Indkaldelse til ordinær generalforsamling23.3.2023 11:00:00 CET | pressemeddelelse

i Fast Ejendom Danmark A/S til afholdelse torsdag den 20. april 2023 kl. 16:00 hos Accura Advokatpartnerselskab, Alexandriagade 8, 2150 Nordhavn, med følgende Dagsorden 1. Valg af dirigent. 2. Bestyrelsens beretning for regnskabsåret 2022. 3. Fremlæggelse af årsrapport 2022 til godkendelse og forslag til resultatets anvendelse. Selskabets årsrapport for 2022 kan gennemses ved henvendelse på selskabets kontor og downloades fra For regnskabsåret 2022 indstiller bestyrelsen et udbytte på 0 kr. pr. aktie. 4. Meddelelse af decharge til bestyrelsen og direktionen. 5. Resultat af bestyrelsesevaluering. 6. Præsentation af og vejledende afstemning om vederlagsrapporten. 7. Godkendelse af vederlag til bestyrelsen for 2023. For regnskabsåret 2023 indstiller bestyrelsen et vederlag på 325.000 kr. til bestyrelsens formand og 150.000 kr. til øvrige bestyrelsesmedlemmer. Vederlaget er uændret i forhold til regnskabsåret 2022. 8. Valg af medlemmer til bestyrelsen. I overensstemelse