03/12/2022

Fibas Tech

Only Good Technology

AFYREN Inaugurates Its First Manufacturing unit, AFYREN NEOXY, a First-of-its-kind Biorefinery

AFYREN Inaugurates Its First Manufacturing unit, AFYREN NEOXY, a First-of-its-kind Biorefinery


Information and analysis earlier than you hear about it on CNBC and others. Declare your 1-week free trial to StreetInsider Premium right here.


  • The plant, in Carling Saint-Avold in France’s Moselle area, makes use of quick provide chains to provide seven 100% biobased acids that supply clients in sectors comparable to meals, flavors and fragrances or chemical compounds as an alternative choice to the petro-based acids normally used
  • A novel, low-carbon, zero-waste biorefinery strategically positioned within the coronary heart of Europe for its worldwide clients and suppliers
  • Manufacturing will ramp as much as 16,000 metric tons of biobased carboxylic acids in 2024, saving 30,000 tons of CO2 emissions per 12 months
  • A novel industrial accomplishment ensuing from the affiliation between AFYREN and Bpifrance, by its Sociétés de Projets Industriels (SPI) fund. The undertaking has created 60 direct and 200 oblique jobs, and is enjoying a key position within the emergence of the bioeconomy sector

CLERMONT-FERRAND, France & LYON, France–(BUSINESS WIRE)–
Regulatory Information:

AFYREN (Paris: ALAFY), a greentech firm that gives producers bio-based, low-carbon elements produced utilizing distinctive fermentation expertise primarily based on a totally round mannequin, is inaugurating its first large-scale plant, AFYREN NEOXY, in Carling Saint-Avold (Grand Est, Moselle, France) on the Chemesis industrial platform.

A manufacturing facility that got here on-line inside its deadline and funds

After the beginning of building in December 2020, main milestones included acquiring the working allow, completion of civil engineering work, building of the plant and the gradual industrial commissioning of its numerous models. All advised, it solely took 20 months for AFYREN NEOXY to open its doorways, on September 29, 2022.

Completely operational and safe, the biorefinery has reached manufacturing start-up section within the 2022 calendar 12 months, as introduced. AFYREN plans to progressively enhance volumes to provide 16,000 metric tons of carboxylic acids inside two years, a world first. At this stage, 70% of AFYREN NEOXY’s goal manufacturing of natural acids has already been pre-sold.

Nicolas SORDET, CEO of AFYREN: “The inauguration of this primary industrial unit on time and on funds, regardless of the well being disaster, is a tribute to all of the efforts made to maintain to the schedule we had set for ourselves. On behalf of AFYREN, I’d additionally prefer to thank all our companions who’ve supported our undertaking and enabled us to fulfill our goals for progress.”

A strategic location

Because of its location within the middle of the European beet-producing basin, AFYREN NEOXY has been in a position to decide to respecting quick provide chains by a contract that gives for the supply of co-products from sugar-beet crops positioned inside a most radius of some hundred kilometers from the manufacturing facility.

As it’s near its most important clients in Northern and Japanese France, the Benelux nations and Germany, the plant can supply safe, low-carbon supply to its companions.

Jean Saint Donat, President of AFYREN NEOXY: “This inauguration is the concrete expression of AFYREN’s ambition: to decarbonize chemical manufacturing on a big scale whereas sustaining a neighborhood strategy. Our location within the Grand Est area permits us to ideally reconcile our regional presence with worldwide scope.”

A proprietary expertise platform primarily based on pure microorganisms

Based mostly on pure micro-organisms and guarded worldwide by ten patent households, our AFYNERIE® expertise produces seven 100% biobased natural acids. These acids have a number of functions in six key sectors: human meals, animal feed, flavors and fragrances, lubricants, supplies science and life sciences.

The carboxylic acids produced by AFYREN supply a low-carbon different to their historically petro-based equivalents. They’re instantly derived from sugar beet co-products and are remodeled on the Saint-Avold platform by fermentation, extraction and purification steps.

This biomimetic course of additionally produces a fertilizer that can be utilized in natural agriculture, optimizing sources in a totally round strategy. By producing biobased acids which have the identical utility efficiency as petro-based acids, and that meet stringent certifications, AFYREN gives a sustainable different to its companions, permitting them to attain a considerably improved carbon footprint.

A biorefinery grounded within the environmental, financial and societal challenges of the territories the place it operates

AFYREN has raised a complete of greater than €80 million euros in funding from private and non-private sources to finish this industrial undertaking:

To take its expertise into the economic section, AFYREN selected to associate with Bpifrance, by its Société de Projets Industriels (SPI) fund. AFYREN NEOXY is a three way partnership, 51% owned by AFYREN and 49% by the “Société de Projets Industriels” (SPI) fund managed by Bpifrance.

“We’re satisfied of the potential of AFYREN’s expertise when it comes to the decarbonization of business and its skill to advertise a robust, aggressive and job-creating bioeconomy. This alliance by AFYREN NEOXY is an ideal illustration of our function: to allow essentially the most promising industrial tasks to search out help for his or her growth,” mentioned Magali Joessel, Director of the SPI fund at Bpifrance.

The corporate has additionally benefited from sturdy help from the European Union and the Bio-based Industries Joint Enterprise (BBI JU)1, which initiated the creation of the AFTER-BIOCHEM worldwide partnership platform, which brings collectively 12 key bioeconomy gamers.

As a part of the conversion of the Carling Saint-Avold platform, Complete Energies not solely offered monetary help but in addition provided operational help, supporting AFYREN NEOXY because it navigated points associated to the setting, utilities, providers and strategies, facilitating the economic internet hosting of the plant on the platform.

As well as, the development of the manufacturing website benefited from vital help of the Grand Est Area and the Communauté d’Agglomération de St-Avold Synergie (CASAS), each very concerned within the growth of the bioeconomy sector.

AFYREN additionally relied on financing from the France Reliance restoration plan to arrange its Saint-Avold website and to do among the advance work for the AFYREN NEOXY plant.

AFYREN NEOXY was additionally in a position to rely on the help of its long-standing companions within the structuring of its financial institution financing: BNP, Banque Populaire, Crédit Agricole and Bpifrance.

A significant industrial undertaking that creates jobs

The commissioning of the location concerned the recruitment of 60 folks, overlaying the entire vary of commercial professions (manufacturing, upkeep, high quality management, safety, and administration).

AFYREN NEOXY arrange a partnership with Pôle-emploi and the IUT of Saint Avold to recruit its manufacturing facility operators, choosing all kinds of candidate profiles in line with their capacities and expertise, and coaching them within the trades required. With the recruitment of this various and competent staff, AFYREN seeks to strengthen its CSR governance mannequin, grounded in benevolence and the involvement of its workers inside a significant undertaking.

Whereas solidly anchored in its area, the corporate is contributing to the event of the bioeconomy sector in France and Europe, serving a rising world demand and creating industrial jobs that can’t be outsourced.

“On the power of this primary success, we’re already finding out two situations for the institution of a second plant in North America or Asia. We’re clearly evaluating the structuring of the financing, however we’re additionally fastidiously finding out the environmental parts in order that this second plant may even profit from entry to native biomass and quick provide chains,” mentioned Nicolas Sordet, CEO and co-founder of AFYREN. “This primary inauguration is subsequently solely the start of a serious collective endeavor: constructing a world and round low-carbon business by offering biobased options constructed for and with our surroundings.”

About AFYREN

Based in 2012 to fulfill the rising want of industries to scale back the usage of petroleum derivatives of their manufacturing chain, AFYREN produces biomolecules derived from the reuse of non-food biomass. These elements are extensively utilized in human and animal diet, flavors and fragrances, cosmetics, and positive chemical compounds. This manufacturing course of replicates the precise properties of equal petro-sourced molecules, largely used within the human and animal diet, cosmetics, flavors and fragrances and positive chemical compounds sectors.

By providing pure options to those strategic markets, AFYREN is engaged in a low-carbon economic system and proposes a really round strategy with the usage of native biomass and the selection of a strategic location, as shut as potential to its clients.

Ensuing from 10 years of analysis, AFYREN’s disruptive innovation received the 2030 International Innovation Contest within the “Plant proteins and plant chemistry” class and was chosen within the French Tech 120 in 2020 and 2021.

In 2018, AFYREN dedicated to its industrial undertaking by creating the AFYREN NEOXY three way partnership with Bpifrance’s SPI fund. AFYREN NEOXY is devoted to the primary industrial manufacturing of AFYREN pure natural acids within the Grand Est area.

In 2022, the AFYREN NEOXY manufacturing facility opened its doorways. AFYREN and AFYREN NEOXY now make use of practically 100 folks at their websites in Lyon, Clermont-Ferrand and Carling Saint-Avold.

In 2021, AFYREN listed on Euronext Progress® alternate in Paris with the target of accelerating its industrial growth (Afyren’s ISIN: FR0014005AC9, ticker: ALAFY).

For extra info: AFYREN.com

About Bpifrance and the SPI fund, Société de Projets Industriels

Bpifrance funds firms – at each stage of their growth – with credit score, ensures and fairness capital. Bpifrance helps them of their innovation and worldwide tasks. Bpifrance additionally insures their export exercise by a variety of merchandise. Consulting, universities, networking and accelarators for startups, SMEs and ETIs are additionally a part of the providing to entrepreneurs. Because of Bpifrance and its 50 regional places of work, entrepreneurs profit from an in depth, single and environment friendly contact to assist them face their challenges.

The SPI 1 fund, managed by Bpifrance on behalf of the French authorities inside the framework of France 2030 and the European Funding Financial institution (EIB), is designed to help the event of commercial tasks that supply the best potential for exercise and employment in industrial sectors. It acts as a prudent fairness investor in firms with industrialization tasks chosen on the premise of their progress potential, present business positioning and their contribution to the ecological and power transition. It’s thus one of many monetary levers of the New Industrial France.

Extra info on: www.bpifrance.fr – https://presse.bpifrance.fr/ – Comply with us on Twitter : @Bpifrance – @BpifrancePresse – Discover the SPI fund on LinkedIn: SPI Fund – Industrial undertaking firms

1 The Bio-based Industries Joint Enterprise was a public-private partnership between the EU and the Bio-based Industries Consortium between 2014 and 2021. The brand new partnership Round Bio-based Europe Joint Enterprise (CBE JU) took over the actions of BBI JU in November 2021.

AFYREN Inaugurates Its First Manufacturing unit, AFYREN NEOXY, a First-of-its-kind Biorefinery

AFYREN

Caroline Petigny

Sustainability, Communication and Public Affairs Director

[email protected]

NewCap

Investor Relations

Théo Martin / Mathilde Bohin

Tél : 01 44 71 94 94

[email protected]

Bogert-Magnier Communications

Worldwide Media relations

James Connell

Tel: +33 6 2152 1755

[email protected]

NewCap

French Media Relations

Nicolas Merigeau / Gaëlle Fromaigeat

Tél : 01 44 71 94 98

[email protected]

Supply: AFYREN