Akzo Nobel signs agreement to explore bio-based polymer technology with Itaconix
31-Jan-17
Akzo Nobel has signed a framework joint development agreement with specialty chemicals company Itaconix to explore opportunities for the production of bio-based polymers.
With this agreement, Akzo Nobel will pursue the development and commercialisation of bio-based polymers. Itaconix will contribute a proprietary polymerisation technology to turn itaconic acid - obtained from sugars through fermentation - into polymers.
"This innovation enables the production of polymers from renewable ingredients, which fits closely with our 'Planet Possible' sustainability agenda of doing more with less," explained Peter Nieuwenhuizen, RD&I Director for Akzo Nobel's Specialty Chemicals business. "These bio-based polymers offer unique properties in applications essential to our everyday lives, ranging from water quality to cleaning and hygiene."
Itaconix is a US subsidiary of Revolymer, which is also working with Akzo Nobel on a marine coatings project. Kevin Matthews, CEO of Revolymer, said: "Akzo Nobel has worldwide capabilities to utilise our itaconic acid polymers in many application areas. We believe this agreement is an important step for the further development of bio-based chemistry on a large scale." Nieuwenhuizen added that the deal is the latest example of Akzo Nobel's commitment to fostering innovation and approaching the topic in an open and collaborative way.
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