Tuesday, December 19, 2023

"HYDROCOW’s $6m project to make whey protein from CO2 & hydrogen: ‘It’s high-risk, high-reward’"

Back in 2014 I realized I was not a wordsmith:

The White House Is Searching for the NextGen Futurecow (MOO)
Nextgen futurecow is probably as close to a neologism as I'm ever going to get....
(cue deep mournful lowing)

I do like hydrocow.

From AgFunderNews, December 19:

A consortium led by Finnish foodtech co Solar Foods has been awarded €5.5 million ($6 million) from the European Innovation Council (EIC) Pathfinder program to fund HYDROCOW: a project to produce whey protein via precision fermentation from microbes fed with carbon dioxide and hydrogen instead of sugars.

The team—comprising Solar Foods, Ginkgo Bioworks subsidiary FGEn AG, and researchers from the University of Groningen and RWTH Aachen University—will genetically engineer hydrogen oxidizing bacteria (HOB) to convert carbon from CO2 gas and hydrogen (produced from water via electrolysis) into beta-lactoglobulin, a whey protein in cow’s milk....

....MUCH MORE

Yummers.

There is a lot of chem/biochem going on here. 

And there's something about whey that attracts the mad scientists. Must have beaucoup upside if you can figure it out. 

A 2010 post reprised in 2014's "Ironically, Milk Futures Are Not Very Liquid":

We don't have many posts* on the dairy business, every couple years or so I break out the "What's Mooving" headline but the business, at least the way (whey?) it's structured in the U.S. is tough to trade from a portfolio perspective. In addition it seems to foment (ferment?) some simply awful puns in folks who write about it.

The futures are currently in backwardation, not that anyone cares....
*Back in 2010 we had a post, "CME Group expands dairy complex with cheese futures" which I intro'd with:
Years ago I heard of a Chicago company that made a whey-based artificial cheese.

Apparently the operation was headed by a mad scientist type who had come up with the formula but had no marketing ability.

He was producing the stuff and not selling any, converting all the investors cash into this "analog" goop and storing it in Chicago area warehouses.

Then the Chernobyl reactor blew, the price of whey skyrocketed, I've no idea what the connection was, the company went broke and the receivers opened the warehouses to find tons of this 'cheeze', semi-molten in the summer heat.

That's what I thought of when I saw this story, tons of the stuff oozing out of bonded warehouses. No connection of course, just a visual....