AkzoNobel, Itaconix Link in Biopolymers

0
1579

In the Netherlands, AkzoNobel has partnered with US-based Itaconix on biobased polymers from itaconic acid.

Under the terms of the deal, Itaconix will provide its itaconic acid polymerization technology, while AkzoNobel will handle development and commercialization of the polymers.

“These bio-based polymers offer unique properties in applications essential to our everyday lives, ranging from water quality to cleaning and hygiene,” says AkzoNobel Specialty Chemicals Business Research, Development, and Innovation Director Peter Nieuwenhuizen.

Financial terms were not disclosed. Revolymer, Itaconix’s parent company, has a separate marine coatings project with AkzoNobel.