On October 16, Angel Group, the world’s second largest yeast company and a national key high-tech enterprise, and Shanghai Sipeng Technology Co., Ltd., which owns the world’s leading synthetic biology technology platform, officially held a joint venture in Yichang, Hubei At the signing ceremony, Xiong Tao, Chairman of Angel Group, Tao Fei, Chairman of Sipeng Technology, and Shi Junzhe of Yichang Yiting District Investment Promotion Bureau attended the signing ceremony.
Since the signing of the strategic cooperation framework agreement in November last year, combined with Angel Group’s advantages in fermentation production and commercial channels and Sipeng Technology’s accumulation of synthetic biology technology and product pipeline reserves, the two parties have conducted a series of multi-strain, multi-product cooperation in engineering testing and achieved significant progress. After this signing, the two parties will jointly establish a joint venture to promote the implementation of biotechnology, achieve large-scale production and commercial expansion of related products, further strengthen the industrial first-mover advantage of low-carbon manufacturing of bulk products, and create an international carbon-negative bio-manufacturing platform.
Xiong Tao, chairman of Angel Group, said: “Bio-based materials are an emerging field that many large companies, including Angel Group, are focusing on. Relying on Angel Group’s layout in the microbial fermentation and synthetic biology industries, we believe that both parties can work together. Advance rapidly to better transform the accumulated technological achievements and bring them to the market.”
Professor Tao Fei, Chairman of Sipeng Technology, said: “Synthetic biology is a new generation of material synthesis technology revolution. Bulk biological product manufacturing represents the development trend and the highest level of the industry, and products with cross-application scenarios can better penetrate into In the original industrial value chain. I believe that through the joint cooperation of both parties, we can create green innovative products with higher value.”
Shanghai Si Peng Technology Co., Ltd. was founded in 2022. It is the only company in the world that directly uses carbon dioxide to synthesize polylactic acid (PLA) in one step in cells. This technology creatively solves the existing problems of “competing with people for food and land” in the manufacturing of bio-based materials, significantly reduces production and manufacturing costs, and is expected to achieve a package solution to the elimination of plastic pollution, the non-food use of bio-manufacturing raw materials, and the “carbon Neutralization” and other three questions. Relying on the technology accumulation of well-known universities such as the National Laboratory of Microbial Metabolism of Shanghai Jiao Tong University, the company has gradually built an innovative company in materials synthetic biology and promoted more green bio-based products to the market.
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