American alliance to develop bio-based plasticizers from corns and oilseeds

Two American companies - Archer Daniels Midland Company (ADM), maker of renewable products from crops and PolyOne Corporation, a global provider of specialized polymer materials and solutions - have reportedly joined forces to develop and commercialize bio-based plasticizers from corn and oilseeds fro use in polymer formulations. The main purpose of this collaboration is to supply bio-based plasticizers to the US$11 bln global plasticizer industry which mainly comprises of the petroleum-based plasticizers. The ADM-PolyOne alliance will leverage PolyOne's compounding know-how and worldwide reach while gaining from ADM's expertise in agricultural manufacturing techniques and related chemistries. The alliance will jointly develop renewable plasticizers as an alternative to the conventional petroleum-based ones and is expected to have a gaining market interest.
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