Who is buying bio-based? Ikea throws its hat into the ring with a slightly off trend move

On March 1, 2016, IKEA and Newlight Technologies announced that they entered into a supply, collaboration, and technology license agreement. Under the agreement, IKEA will purchase 50% of the material from Newlight's planned 23,000 MT/yr PHA plant. In addition, IKEA secured exclusive rights in the h...

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