In the Netherlands, Reverdia and Dezhou Xinhuarun Technology (Xinhuarun) agreed to jointly develop and promote Biosuccinium-based microcellular polyurethane (PU) foams. These new microcellular foams will be used in soles for footwear and further applications. Based in China, Xinhuarun’s products are exported across Asia, America, Europe and the Middle East.
Produced since 2012, Biosuccinium is sold globally. The Biosuccinium Technology is also offered under license to value chain partners and co-producers.
Ms. Liang Yanzhi, Chair of the Board at Xinhuarun said, “Xinhuarun will work exclusively with Reverdia, using Biosuccinium™ for its microcellular PU foams in shoe soles. Going forward, we will expand our work with Reverdia towards development and commercialisation of other sustainable polymers in our strategic markets. These innovative materials address a potential market in excess of $500 million.”
Marcel Lubben, President of Reverdia said, “We are excited to work with a leading company like Xinhuarun and to be part of its journey towards next generation renewable footwear. This collaboration and the planned expansion demonstrate Biosuccinium™’s ability to bring excellent functionality and best-in-class eco-footprint to Xinhuarun’s bio-materials.”